What is IntraDay Short Selling (IDSS) Currently Bursa Malaysia is offering intra-day short selling. Which means you get to short sell a list of counters approved by Bursa Malaysia within a day (See below for the list of stocks available for short selling). At the moment there are only 280 counters are allowed for short selling.
Your trading account will not have access to IDSS by default. Traders & investors have to request with your broker and require to sign a Securities Borrowing And Lending Agreement (SBL), Request Form & Risk Disclosure Agreement by the broker.
Examples: You enter a short selling position on BERJAYA in the morning on Monday, 16th of April 2018, without having any BERJAYA shares. Before the end of trading days, you are required to close the short position before the end of trading hours on 16th April 2018.
Here's something every short selling traders have to take note, try to close the short position by 4:45PM. Reason is because the market will enter into matching time(Pre-closing), if you have not close the position before 4:45 PM, you might not able to buy back your short selling shares by 4:59PM, because after 4:50 PM to 4:59PM is trading at last, all stocks are to be traded at last price.
taloha, yes, you're right after dropped from history record high price of RM9.50 till history record lowest price 0.07 cents few month ago, definitely it will be uptrend after this.
Now is just two days only the price goes up, for your infor, bull market just started from 2019 till 2027 (8 years uptrend).
Yes, i agree with you, it's price may started to drop when it's price hitting record high of RM9.00 - RM10.00 that time in year 2027.
Dow jones expected to rally. If DJ rally, KNM have good chance to break RM0.30. Plus - I believe there is good news. The large block of purchase in the past 2 days I believe is not speculative.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
2464722860219194
822 posts
Posted by 2464722860219194 > 2019-07-01 15:14 | Report Abuse
Armada and Knm add up 500 million