The Bursa Malaysia previously known as Kuala Lumpur Stock Exchange
(KLSE) is a major stock market in Malaysia which monitors the
performance of 30 largest companies through its market capitalization
which is registered on main board of the Bursa Malaysia. When trading in
Malaysia stock market, follow some below mentioned malaysia stock picks to get start.
Step 1: Know Your Market
Knowing about the listed companies in stock market and which stock to buy today
is necessary before investing, as there are several stock markets
around the world for trading. Depending on the movements in stock market
and risk appetite, you can find such companies which are listed in
Malaysia stock markets which will provide you more profits.
Step 2: Open the Central Depository System
Before investing in Malaysia share
market, open a Central Depository Account System with Bursa Malaysia. A
CDS is an electronically operated book entry system that record &
maintain shares of owner with their transfers. It’s just like a saving
your money in your bank account, you keep your particular share in this
CDS account. You can open from the below mentioned two types of CDS
account termed as “Nominee” & “Direct” account.
Nominee Account:
Your stock broker holds all your shares
on your behalf in Nominee account. The main importance of this nominee
accounts is that your stockbroker takes the responsibility of your
administrative tasks or any paperwork work for you.
Direct Account:
It’s just an opposite of nominee
accounts. In ‘Direct account, you have to handle all your activities
& tasks related to your shares.
You can choose from the above account as
per your requirements. If you can do administrative work by your own or
if you can keep patience to handle these issues, you can surely choose
‘Direct account’.
Step 3: Select a Advisory
Once you’ve your CDS account, you’ve to get a broker or advisory firm which helps you for how to start stock trading in Malaysia.
If you’re an investor in Malaysia share market, then you can get
trustworthy Bursa Malaysia Stock Picks & advisory services offered by several financial institutions.
You can also check out share trading comparison table for advisory
services.
Step 4: Be a Best Practitioner
It’s not an easy task to earn money from
trading your shares. It’s recommended that you have to do practice &
have to be an expert by getting accurate klse stock recommendations
for better returns. Practicing about the trading includes detailed
research about the company’s business strategies, company’s relationship
with customers & suppliers and where it is placed among its other
competitors.
Bottom Line:
The bottom line is that the investor must trade by analyzing the
complete market trend and also have the understanding of fundamentals
about the listed company with the technical analysis to trade in share
market. The information about share market which provides solutions
about share market movements should also be followed by the investors to
get best profit potentials.
Reference{http://www.mmfsolutions.sg/blog/how-to-trade-in-malaysia-hot-stock-market/}
No comments:
Post a Comment