KUALA LUMPUR: The domestic equity market has been affected by persistent headwinds both globally and domestically, the Securities Commision said in its 2022 Annual Report.

The overall market capitalisation of Bursa Malaysia and its benchmark index FBMKLCI moderated to RM1.74 trillion and RM1.03 trillion respectively in 2022 (2021: RM1.79 trillion and RM1.04 trillion respectively).

The FBMKLCI declined by 4.6 per cent to end the year at 1,495.49 points.

In terms of trade participation, local institutions remained net sellers to a total of RM6.53 billion in 2022.

Correspondingly, non-residents turned net buyers after four consecutive years of net-sell, with total net buy amounting to RM4.40 billion (2021: -RM3.15 billion), while net buying by local retail investors totalled RM2.13 billion.

In terms of value traded, the participation rate for retail investors declined to an average of 25.7 per cent in 2022 (2021: 34.6 per cent), but remained above the five-year pre-pandemic average of 18.8 per cent.

Meanwhile, the average daily trading volume also moderated in 2022 to 3.00 billion (2021: 5.85 billion), valued at an average of RM2.18 billion per day (2021: RM3.66 billion).

https://www.nst.com.my/business/2023/03/893290/malaysian-bourse-fbm-klcis-marlet-cap-soften-rm174-trillion-rm103-trillion