Articlehybrid2025

PERFORMANCE OF NEW STOCK ISSUES ON THE KLSE

Ku Nor Izah Ku Ismail · Faudziah Zainal Abidin · Nasruddin Zainudin

25 citations0/0 files storedCapital Markets Review

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Financial Markets and Investment Strategies Corporate Finance and Governance Financial Analysis and Corporate Governance

Abstract

This paper investigates the price performance of new issues of common stock at the time of initial listing and during the period following their initial listing on The Kuala Lumpur Stock Exchange during the period January 1980 to December 1989. The results indicate significant returns at the time of initial listing and insignificant returns during the period following their initial listing.

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