INVE$T | Market Sentiments
Bursa Malaysia Bhd launched Bursa Digital Research (BDR), a multi-faceted research portal that serves to provide investors with an added source of research and data analysis with the objective of improving financial literacy and facilitating informed investment decision making. In addition, the BDR platform offers public listed companies (PLCs) a direct digital touch point with investors to improve PLCs’ overall visibility, enable better understanding of business operations and value propositions, while facilitating price discovery. This platform complements the Bursa Broadcast platform which seeks to enrich investors’ capital market understanding. According to Bursa Malaysia CEO Datuk Muhamad Umar Swift, BDR aims to provide an additional resource to help investors gain market insight and keep abreast of the latest developments in the stock market. Four main content categories are now available on the BDR portal, with more content to be added from time to time. Research data and market information are crucial to making informed investment decisions which will act as a catalyst for greater investor participation on Bursa Malaysia.
Market Updates: In-house research analysis offering latest insights within the capital market, covering a wide range of topics including but not limited to trading momentum of stocks, global and local market trends, compilation of analyst consensus, indices revisions and highlights of investor product segments.
Bursa Blitz: A series of FAQs touching on matters related to PLCs’ businesses and industries, covering latest development and future prospects.
Initial Public Offering (IPO): A factsheet offering quick read about latest IPO launches while the quarterly performance report provides a comprehensive performance review, key statistics and insights on the trading of new listings.
Exchange Traded Fund (ETF): Monthly performance reports to enrich investors’ understanding about ETFs available on the exchange.
The BDR is accessible at https://www.bursamalaysia.com/reference/bursa_digital_research/
Night trading session to boost Bursa Derivatives’ competitiveness
According to Bursa Malaysia Derivatives chief executive officer Samuel Ho, Bursa Malaysia Derivatives Bhd’s after-hours (T+1) night trading session, which has gone live, is expected to bode well for the country’s derivatives market and enhance the competitiveness of the exchange’s products. The after-hours trading offered by Bursa Malaysia Derivatives is an extension of the exchange’s current market trading hours in line with global market practices. With its improved price discovery, the after-hours trading can be used as a hedging and risk management tool, allowing investors to manage their risk exposure to price fluctuations in response to any major market movement that occurs during the United States and European market hours. More recently, the exchange’s trading volume for Bursa Malaysia’s crude palm oil futures in the third quarter of this year recorded a positive growth momentum with a total of 11.8 million contracts, an increase from 10.8 million in the same period last year. After-hours trading is important for hedging in the highly volatile crude palm oil market. Market participants will now have an avenue to better manage their risk exposure based on real-time global developments. By strengthening the connection between the Malaysian derivatives market and the global markets, the price discovery and effectiveness of its products as risk management solutions will be improved, hence enticing global investors to trade in our market. Market participants are able to trade between 9pm and 11.30pm from Monday to Thursday, thereby closing the gap between local and foreign market trading hours.
Eye On The Markets
This week, on Friday (10Dec), the Ringgit opened at 4.2220 against the USD from 4.2325 on Monday (6Dec). Meanwhile, the Ringgit was 3.0924 to the Sing Dollar on Friday (10Dec). On Monday (6Dec), the FBM KLCI opened at 1503.66. As at Friday (10Dec) 10:00am, the FBM KLCI is down 0.9 points for the week at 1502.76. Over in US, the overnight Dow Jones Industrial Average closed down 0.06 points (0.00%) to 35,754.69 whilst the NASDAQ shed 269.60 points (-1.71%) to 15,517.40.