Filed Under (Trading Account) by Webmaster on 20-08-2008
In the following few postings, I will cover areas on How to Start Trading Stocks in Bursa Malaysia. This subject is completely a different niche from my first series of articles.
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I have drafted the articles and found that it will need a few postings due to its length. Therefore you will expect another of my series posting to cover How to Start Trading Stocks in Bursa Malaysia.
I know it is quite specific to my country but why not since I have some reasonable knowledge and experience on the subject.
Wait for my posting next week.
Cheers!
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Filed Under (Bursa News, Other News) by Webmaster on 15-08-2008
Pro Trade Shares has been following the called to the Bursa and Securities Commission to reduce the trading period. Today, 15 August 2008, the trading period of Bursa is the same as Singapore which is from 9.00am to 12.30pm and from 2.30pm to 5.00pm. A few years ago, Bursa trading period was shorter and also the same as Singapore Exchange which was from 9.30am to 12.30pm and 2.30pm to 4.30pm but when Singapore Exchange changed theirs, we followed. The reason was to reduce the contango trading being done at the now closed ‘CLOB’. Malaysian stocks/shares previously were traded simultanously in Malaysia and in CLOB Singapore. This allow people to make some huge profit due to the price difference or different price movement of the two exchanges. But it also created many issue of short selling. After the 1997 financial crisis, Malaysian government decided to end CLOB.
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Indonesian Culture |
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beauty places |
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Around The World
Many other Asian exchanges traded shorter hours but has much more volume than Bursa. Maybe the knowledge that the trading hours are shorter will encourage better trading volume.
The latest business news snynopsis that Pro Trade Shares think might affect the stock or share prices in Bursa Malaysia today. The Bursa Composite Index (KLCI) has been dropping everyday.
Below are some business news for today
News from the Star Online
[feedsnap, 10]http://thestar.com.my/rss/business.xml[/feedsnap]
News from Business Times Online Top News
[feedsnap, 10]http://www.btimes.com.my/Current_News/BTIMES/rss/rss_html?mysec=Frontpage[/feedsnap]
Pro Trade Shares vote on the issue of trading hours : SHORTEN TRADING HOURS
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