Monday 24 October 2016

All Down On The Bursa Malaysia Front

With after tax profit down by three per cent to RM143.5 million from the same period a year ago.

While the average trading value fell 6.1 per cent to RM1.85 billion a day in the first nine months of same year.

The government's fresh RM 3 billion injection into the capital markets should help the bourse, as well as the RM75 million for research and analysis of small cap stocks.

While the government can only do so much, it's time the regulators find ways to LEGALISE market making, instead of lumping all market making activities as SYNDICATE.