This is the Part 2 on the series. I hope that you understand the process and the option available when opening your trading and CDS account which explain in Part 1.
If you read Part 1 before I publish Part 2, please revisit that page as I write in additional information in relation to cash upfront or collateralised account which I think quite important.
Part 1 – How to Open Trading and CDS Account for Trading in Bursa Malaysia?
Part 2 – How to Buy and Sell Shares in Bursa Malaysia?
Part 3 – How to Determine Trading Settlement in Bursa Malaysia?
Part 4 – How to Calculate Profit, Loss and Brokerage Fees in Stock Market Trading?
Step 1 – Deposit Cash
Once you open Trading and CDS Account, the next steps before buying shares is deposit cash to your trust account. Depending on your broker, you can make deposit either via cheque, cash or through online banking to your broker bank account.
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A couple of my blog readers asking me on how to trade or invest in Bursa Malaysia? In order not to disappoint them, I will write a series of article for a beginner to start invest or trade in Bursa Malaysia.
I will also explain other information related to it such as the process of buying or selling shares itself.
Part 1 – How to Open Trading and CDS Account for Trading in Bursa Malaysia?
Part 2 – How to Buy and Sell Shares in Bursa Malaysia?
Part 3 – How to Determine Trading Settlement in Bursa Malaysia?
Part 4 – How to Calculate Profit, Loss and Brokerage Fees in Stock Market Trading?
In Malaysia, stocks or shares are listed in Bursa Malaysia Stock Exchange (Bursa) which formally known as Kuala Lumpur Stock Exchange (KLSE).
In order for you to invest or trade shares that are listed in Bursa Malaysia, you need to open Trading Account and CDS Account. Below are the steps for you to follow.
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Previously we looked at world’s largest sovereign fund & world’s largest pension funds where Malaysian funds position quite well in the ranking. The different between sovereign and non-sovereign funds are the fund ownership. Sovereign fund is state or government owned. So, this raking is quite similar to world’s largest pension funds but without private funds such as General Motors pension funds.
As of early 2009, EPF is at number 6 among the world’s largest pension funds with $98.8 billion in assets up from number 8 with $94.4 billion in assets previous year.
The table below shows top 22 world’s largest sovereign pension funds.
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AMEX is currently having a promotion where card holders will get 10X Rewards Points on petrol and grocery spending at all petrol station and selected supermarket or hypermarket. Based on points conversion of 200 points to RM1, you will get 5% cash back.
The only downside of this promotion is you have to spend RM500 elsewhere within the same month.
Promotion is valid from 1st April to 31st July 2010. All American Express Cards issued by Maybank and Maybank Islamic are eligible to enjoy this promotion. However American Express Corporate Cards and Singapore Airline KrisFlyers Card.
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In his speech unveiling the NEM, the PM also touched on the need for greater public-private cooperation. With these, it help to promote competition across and within sectors to revive private investment and market dynamism.
The following are the list of Petronas and Ministry of Finance (MOF) subsidiaries which going to be privitized.
Petronas Subsidiaries
Although the PM did not identify the subsidiaries to be listed, there are rumors that the 2 subsidiaries could be Petronas Carigali Sdn Bhd, a 100% subsidiary of Petronas and Malaysia LNG Sdn Bhd, a 90% subsidiary.
Petronas Carigali Sdn Bhd
Petronas Carigali is involved in both O&G exploration and production activities. Incorporated in 1978, it is the exploration and production arm of Petronas.
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