NOBODY would have guessed that the daily trading volume record on Bursa Malaysia would be broken this year. Bursa Malaysia’s trading volume and trading value hit a record 9.3 billion units and RM9.4bil on May 29. In 2009, retail participation was over 30% and it has gradually dropped to a low of 20% in 2016. There is no need for a 20-page research report to come to this simple decision to buy glove stocks. Brokers have put on price caps for stocks that have gone up a lot, in particular glove stocks.

Source: The Star July 24, 2020 23:48 UTC