Highlight Bursa 'assessing' price feed glitch

by **Cals** Thu 11 Dec 2014, 02:52

Highlight
Bursa 'assessing' price feed glitch

By Chong Jin Hun / theedgemarkets.com | December 10, 2014 : 4:22 PM MYT

KUALA LUMPUR (Dec 10): Bursa Malaysia Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) is analysing the cause behind the bourse operator and regulator's share price-feed system glitch this morning.

In an emailed reply to enquiries by the theedgemarkets.com today, Bursa Malaysia strategic communications official Rizal Lynam Matjeraie said the stock exchange operator was still assessing the situation.

"We are still assessing the situation on this end," Rizal said. He did not elaborate.

Remisiers said the glitch, which happened between 8.45am and 9:00am, resulted in stock broking firms not being able to receive share price data from Bursa Malaysia's computer systems.

According to remisiers, Bursa Malaysia however rectified the matter by 9.02am.

"The impact was minimal. My colleagues did not complain," a remisier told theedgemarkets.com over telephone today.

At 3.53pm, the FBM KLCI rose 16.02 points or 0.9% to 1,754.12. The KLCI's advance came on gains in plantation shares like PPB Group Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) and Kuala Lumpur Kepong Bhd ([You must be registered and logged in to see this image.] Financial Dashboard).

Reuters reported Malaysian palm oil futures rose on Wednesday, rebounding from near one-week lows hit in the previous session, as data showing a rise in palm oil exports in early December, helped reinforce some optimism about the outlook for demand.
[size=14]Exports of Malaysian palm oil products for Dec 1-10 rose 1.7 percent to 407,425 tonnes, from 400,614 tonnes shipped during Nov 1-10, cargo surveyor [size=14]Intertek Testing Services said on Wednesday. [/size][/size]