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This post will serve to address all the daunting queries and quandaries faced by the Malaysian public regarding stock investment in Malaysia.
Familiarize yourself with the trading hours of the local market as listed below. Monday — Friday except public holidays Pre-Open — 8. You will require to fork out a cool RM7, for this minimum transaction.
Creating your Stock Investment Account a. Your next question will naturally be: Cash or Margin Account?
Always a cash account. A margin account, also known as a collateralized account allows you to borrow money to buy shares. Your broker charges you interest or higher fees for the right to borrow that money and uses your security as collateral.
Using leverage to buy your shares is very very dangerous because of a clause and event known as a Margin Call. Basically, if your portfolio value falls below a certain amount, your broker will require you to top up until you reach that threshold.
And it is extremely easy for your portfolio to fall below that threshold because the stock market is so volatile in the short term. In short, go for the cash upfront account. How much should I start with?
This is not including your stamp duty, clearing fees as well as GST. The stamp duty is charged by the Malaysian government.
The fee is 0. In my experience, these fees will set you back by about 0. More if you trade below the minimum threshold of RM8K. With that in mind, ideally I would recommend you start with RM8K, but of course I realize that not everyone starting out is comfortable spending such an amount, which is why the lowest amount one should use to execute a trade would be in my humble opinion RM3K.
Picking your stocks A simple method for stock investment in Malaysia and an early method I used in picking my stocks was to look at products I owned or purchase on a regular basis.Stock Call & Market Insight View Maybank's call and target price on the stock and compare it with the latest insights from specialists who cover the markets from the trading floor.
Download Now. Market Insight features stock screens of Maybank Kim Eng’s best trading ideas, filtered by their risk characteristics: Growth - stocks with high-earnings growth are suited for . * Calculated based on the net profit of the trailing twelve months and latest number of shares issued.
^ Total dividend amount declared for financial year ended KUALA LUMPUR: Expectations of continued volatility in local equities in the second half of the year (2H18), driven by external headwinds and pending clarity on longer-term government policy direction, have prompted Maybank IB Research to revise downward its end FBM KLCI target to 1, points from 1, points, to better reflect the risk factors.
Stock: MAYBANK (), Avg Price Target: MYR Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months. KUALA LUMPUR: Malayan Banking Bhd (Maybank) may see a negative impact on its financial year (FY15) bottom line by as much as %, assuming a 10% provisioning for its total loan exposure to 1Malaysia Development Bhd (1MDB) that could amount to some RM billion, said CIMB Investment Bank (CIMB IB) Research.