Published: 2009/07/27
Malaysia’s stock exchange will shorten the halt for material company announcements to one hour from one trading session previously to increase trading opportunities, its operator said on Friday.The ruling will take effect on August 3 as Bursa Malaysia seeks to boost liquidity in the stock market.
“The rationale is that by prolonging trading halts may impede the efficient functioning of the market, deprive investors of the opportunity to trade during the halt state and to minimise market disruption,” Bursa Malaysia said on its website.Local media say that the stock exchange operator is expected to provide more details on Monday. – Reuters
About Me
- Nuang
- Ibrahim bin Ramli@Nuang started his career with CIMB Wealth Advisors Berhad as Agency Manager in April, 2008.Previously he was an Internal Auditors and Accounts Executive with Perodua Sales Sdn Bhd since 17 August, 1994. His background:- 1.Certified of Achievement for Master Sales Leadership from Dr Lawrence Walter Ng of President of The Art Of Learning and International Of Learning Without Learning 2.Certified for eXtra Ordinary Performance of Lawrence Walter Award Certificate for One Million Ringgit Club 2007 3. Certified Life & General insurances 4. Conferred with Diploma in Business Studiess & Bachelor of Business Admin(Hons)Finance from UiTM, Terengganu Branch & Shah Alam respectively;
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