KUALA LUMPUR -- Southeast Asia's equity capital markets reached a grim milestone in 2024, as IPO activity plunged to its lowest in nearly a decade, reflecting the headwinds battering global markets: high interest rates, volatile geopolitics and subdued investor confidence.
Malaysia emerged as the best performing IPO market in Southeast Asia in 2024, hosting 46 listings and raising a total of $1.5 billion. (Nikkei montage/Source photo by Reuters)
Trading Asia
Southeast Asia's IPOs poised for rebound in 2025, but clouds loom
Smaller companies could turn to local listings, lifting region's performance
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