Sukuk market remains stable with no fears over liquidity – Malaysia’s Securities Commission
KUALA LUMPUR - Unit trusts remain relatively stable and there is no cause for concern over funds’ liquidity positions arising from redemptions as virus control policies take hold in Malaysia, according to the country’s securities regulator.
During a virtual briefing on its 2019 annual report, released today, Securities Commission Malaysia’s deputy chief executive Zainal Izlan Zainal Abedin acknowledged the overall net asset value of unit trust funds had fallen by 4-5% since the end of February.
“But a significant portion of this is due to market movements, predominantly share prices, hitting the equity funds,” said Zainal Izlan.
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