Anwar Ibrahim is being let down by his own team

ANWAR Ibrahim knows a lot about how the stock market operates, plud what is required to set the bourse on fire.

THIS  is no blind praise. During his maiden stint as Finance Minister, the Malaysian stock market was a world beater. READ : The Year Was 1993, the KLSE's market capitalisation, increased four times Malaysia's GDP, the highest such ratio in the world with trading volume even exceeding that of the New York Stock Exchange.

THAT being said, the time around the barrier Anwar Ibrahim is facing, are legacy based as well as market requlators, that do not requlate fairly, even  on serious matters such as MONEY LAUNDERING.

ULTIMATELY, society bears the cost of money laundering, due to the ripple effects it has on the cost of credit, as well as the erosion of trust in the financial and regulatory system itself.

THE numbers tell the story on Bursa Malaysia, a story on how an entire generation, has turned its back on the Malaysian markets.

NEVERMIND that over half a decade now, Bursa Malaysia was has been bearish when the rest of the planet was on a historic bull run, and nevermind to that this year,  READ : that alongside Thailand we are the worst performers in Asian.

NEVERMIND,  because markets are seasonal and can be rectified if we have good people who are able manning the Securities Commission and Bursa Malaysia. 

THE problem is we don't.  Consider the following, the Securities Commission  states READ : The following is an example of an unusual transaction ie possible money laundering; Larger or unusual settlements of securities transactions in cash form.

HEY, isn't that READ : what took place in Green Packet Bhd and Revenue Group Bhd in 2023.

WHAT action, have you taken Securities Commission which the public is aware of? Absolutely nothing .

SUCH blatant regard for its own word of advise by the likes of the Securities Commission and Bursa Malaysia has resulted in an entire generation showing the middle finger to the Malaysian stock market.

THE numbers don't lie. 

IN 2019, READ : some 23% of active trading accounts belong to millennials , but fast forward to the present, what we have is READ : a nation where only seven per cent of retail market participants are below the age of 45. Basically the millennials has had enough of the SC hypocrisy