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Al Jazeera
Al Jazeera
Business
Patrick Lee

Malaysia’s stock market, once dubbed ‘world’s worst’, is making a comeback

An investor walks in front of stock trading boards at a private stock market gallery in Kuala Lumpur, Malaysia, July 29, 2019 [Vincent Thian/AP]

Kuala Lumpur, Malaysia – Malaysia’s stock market is experiencing a steady revival as billions of dollars pour into an exchange once written off as one of the region’s worst performers.

Buoyed by Malaysia’s robust post-pandemic economic growth and a surge in foreign investment by US tech giants, the Bursa Malaysia’s benchmark index has climbed as much as 17 percent over the past year.

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