Bursa Malaysia Stock Watch

Buy Bursa, brokerages' shares: C. Suisse

kltrader
Publish date: Fri, 22 Oct 2010, 09:33 AM
kltrader
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Investors should buy shares of Bursa Malaysia Bhd and brokerages which will gain from surging trading volumes as the stock market has 'come back to life,' Credit Suisse Group AG said.

'This market activity is sustainable given that 62 per cent of the 936 stocks listed are trading below book value,' according to a report by Stephen Hagger, an analyst.

'There are two ways of playing this liquidity: buy the stock exchange and buy one of the stockbrokers.' -- Bloomberg
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