Bursa Malaysia is an exchange holding company approved under Section 15 of the Capital Markets and Services Act 2007. It operates a fully integrated exchange, offering the complete range of exchange-related services including trading, clearing, settlements and depository services. Bursa Malaysia also has a range of progressive products and services which covers equities, offshore listings and services, bonds and Islamic offerings.
Share prices on Bursa Malaysia closed lower this month in line with weaknesses on regional markets plagued by fears of slowing global economic growth and amid the ongoing euro zone debt crisis, dealers said.
The Malay Bursa lost 11.32 points to 1,612.38 after opening 9.35 points lower at 1,614.35. Affin Investment Bank Vice-President Dr. Nazri Khan said market players were also adopting a cautious wait-and-see attitude ahead of the tabling of next year’s budget on Friday.
The Finance Index plunged 128.62 points to 14,474, the Plantation Index dipped 76.59 points to 11,885.13 and the FBM Ace shed 54.55 points to 4,273.93. Losers led gainers by 571 to 183 while 302 counters were unchanged, 583 untraded and 27 others suspended.
Scomi Group which was among the actives today, had requested for a suspension of trading in the securities of the company on the main market from 2.30pm to 5.00 pm, pending the release of a material announcement.
For other actives, I-Power gained half-a-sen to nine sen, IGB Real Estate Investment Trust declined one sen to RM1.38, JCY International slipped six sen to 80.5 sen and Ingenuity Solutions declined one sen to 10.5 sen.
Consumer products accounted for 37 million shares on the Main Market,
- industrial products 116.9 million,
- construction 21.2 million,
- trade and services 228.8 million,
- technology 30.8 million,
- infrastructure 10.8 million,
- finance 44 million
- hotels 233.500
- plantations 2.08 million.
Bursa Malaysia is the world’s biggest palm oil futures trading hub since 1980. The FCPO, the global price benchmark for the crude palm oil market, is a deliverable contract which is traded electronically on Bursa Malaysia’s trading platform. As any stock market, the stock exchange fluctuates according to the worldwide inflation and variations of the currencies.