KUCHING: Sarawakians have been urged to participate more actively in the capital market as a way to grow their wealth, following the outstanding achievements of the nation’s capital market this year. Bursa Malaysia chairman Tan Sri Wahid Omar said the Malaysian capital market is now in a very good position with various opportunities open to investors, especially among the young generation and local entrepreneurs.

According to BERNAMA News Agency, the average market capitalisation of Bursa Malaysia has reached RM2 trillion for the first time in May this year. This is considered a significant achievement for the country. Wahid made these remarks at the opening ceremony of the Sarawak Marketplace Fair 2024 programme, highlighting the potential benefits for Sarawakians in the capital market.

The event saw the participation of Sarawak Premier Tan Sri Abang Johari Tun Openg, who was represented by Deputy Premier Datuk Amar Douglas Uggah Embas. The programme aims to raise awareness among Sarawakians about the impo
rtance of early investment and to increase the number of investors from the state in the capital market.

Wahid further emphasized that a total of 95 publicly listed companies on Bursa Malaysia are from Sarawak, with a market capitalisation of RM301 billion. He noted that this reflects the rapid development of the business sector and investment opportunities in the state, encouraging more local participation in the thriving market.