Indians and Capital Market

Malaysian Indians with 8% population, have only 1.2% ownership on the overall equity market but Hong Kong 1% Indians have 8% equity ownership .

There were much talk to increse the same in Malaysia but no favourable results were seen till todate. No affirmative action were taken by government despite many times concern was high lighted in the media.

Indians majority are wage earners and their earning is pretty low. Many could not even able to support their children in institute of higher learnings. They do not have extra savings to invest other then buying a house to stay and a car to travel.

The children of these labour class Indians who have tertiary education and now earning enough to save but sad to say they too do not invest their savings in the capital market. Even graduates in Economics and business management too do not seek knowlegde on capital market voluntarily but they talk about increasing the Indian equity.

This is because these children of labour class Indians still have the same mind set like their parent, even with their high level of exposition and education.

The trend is different among the Chinese. Even an illiterate Chinese knows about investment and to invest and control companies. Their mass media inform them well and their coffee shop talks mostly pertaining to capital markat.

Indians to catch up with others in Malaysia and to compete internationally have to work in the right direction several times more then others.