KINIBIZ The ongoing issues at 1MDB have little effect on the Malaysian equities market’s integrity, Bursa Malaysia Bhd chief executive officer Tajuddin Atan suggests.

To a question today on the perception that 1MBD has affected the stock market performance of late, Tajuddin replied: “In the overall bigger scheme of things, the market is sizeable enough to move forward.”

“From the exchange perspective, we think that the performance of the market not only involves the domestic issues but also external issues,” he said, adding that the external factors have been considered more relevant in this area.

Citing the Greece situation as an example, he said that the concern has been about its contingent effect on Europe, that would have a spillover effect on the growth of Asean.

“From an aggregated perspective, combined with the fundamentals, it has not impacted the confidence on the integrity of the market,” he said.

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