While I generally agree with your views, especially on opening up the data for a better investment environment, I need to correct you on one thing...
Bursa Malaysia is not a regulatory body per se. It is a bourse/ stock exchange/ for-profit organization. Bursa is in fact a public-listed company. So it's their every intention and right to sell the data listed in their website.
That said, it's very narrow minded for them to not open up the data source. You rightly pointed out that by opening them up can attract more investors and trading volume.
it is sad to see them go, after seeing Dynaquest the publisher of "Stock Performance Guide manual" had to close down due to operation cost factor, now klse.my need to shut down because of regulatory. Klse.my certainly one of my new anchor website in evaluating my fundamental analysis in stock investment. Almost all in one website. Sadist..
Totally agree. Personally I think Bursa should fund, or even bought over, klse.my unless Bursa can comes up with a better and more useful site for retail investors
Totally agree with your points Fairuz. When they try to limit the access to information's for investment purpose , more investors will not be able to make a good judgement and will not willing to buy stocks. Everything will slow down.
Hi SummerCamel , What is fintech projects ? . Look like the impact very big and it is the reason KLSE.my closed down. Bursa want people to pay to get information.
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Posted by annmix > 2016-06-30 14:15 | Report Abuse
in maaysia everything is goin backwards lah , what do u expect,, soon we will end up like 3rd world