Followers
0
Following
0
Blog Posts
0
Threads
160
Blogs
Threads
Portfolio
Follower
Following
2016-08-31 18:16 | Report Abuse
For shorting, funds can either borrow scripts or buy back from open market in due time to cover their short positions.
"Likewise if they long. Epf lends stock for them." Is this correct??
2016-08-31 16:36 | Report Abuse
All this just because of the separation into two funds?
2016-08-31 16:27 | Report Abuse
Across the board or finance sector only?
2016-08-31 16:16 | Report Abuse
Funds only dare to short when EPF is not buying.
2016-08-31 16:15 | Report Abuse
EPF also do trading nowadays; once it starts buying back Maybank it will be followed by short covering
2016-08-31 16:13 | Report Abuse
But at the moment, the Syariah fund is still so small to have an impact on the market.
2016-08-31 16:08 | Report Abuse
I have a different view, I don't think the two funds in EPF need to go through the open market to do that; internal transfer will do. More efficient and lower cost.
2016-08-31 15:58 | Report Abuse
There is a long list of companies in KLSE that can be "short", Maybank is one of them.
However, only funds are allowed to short by borrowing scripts. The cost of borrowing scripts can be high; so after shorting, normally soon after there will be short covering.
2016-08-31 10:45 | Report Abuse
Don't worry, Maybank is dropping now because it is being shorted.
There will be short covering soon. Short squeeze will push the price up very fast.
Stock: [MAYBANK]: MALAYAN BANKING BHD
2016-09-01 15:33 | Report Abuse
Funds are shorting Maybank as EPF is selling, RM 7.60 is the likely bottom.