Bursa Alert
Global Market
NewsHot Stocks China-linked put warrants fall after latest monetary easing
Page 1 of 1
Hot Stocks China-linked put warrants fall after latest monetary easing
by Cals Wed 02 Mar 2016, 23:57
- Hot Stocks
[size=28]China-linked put warrants fall after latest monetary easing
By Chester Tay / theedgemarkets.com | March 2, 2016 : 3:50 PM MYTKUALA LUMPUR (March 2): Hang Seng Index-linked put warrants on Bursa Malaysia endured a wave of selling today following the latest monetary easing by China announced on Feb 29.
As at 3.09pm, the first nine of the top 10 losers on Bursa comprised Hang Seng Index-linked put warrants, with the falls ranging from 16.5 sen to 33 sen, or 2.17% to 24.63%.
HIS-HV followed as the 11th biggest loser, falling 16 sen or 8.89% to RM1.64 per unit.
On Feb 29, the People's Bank of China said it has cut the amount of deposits that banks must hold on reserve with the central bank by 0.5 percentage point.
It said the move was aimed at maintaining sufficient liquidity in China's financial system.
While the Hang Seng Index-linked put warrants came under selling pressure, the broader market rose today. The FBM KLCI was up 14.3 points or 0.85% at 1,685.1 as at 3.30pm.
Hong Kong's Hang Seng Index also extended its gain today, rising 2.92% to 19,974.5 as at 3.30pm.
[/size]
Cals- Administrator
- Posts : 25277 Credits : 57721 Reputation : 1766
Join date : 2011-09-08
Location : global
Comments : “My plan of trading was sound enough and won oftener that it lost. If I had stuck to it Iâ€
d have been right perhaps as often as seven out of ten times.â€
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis
Similar topics» China stocks tumble again despite monetary easing
» Hot Stocks Vietnam-linked stocks fall as anti-China riots continue
» Market Close KLCI rallies with regional markets on China's monetary easing
» Top macro hedge fund sees monetary easing as boon for stocks
» Hot Stocks Oil & gas-linked stocks fall on Petronas spend cut plan
» Hot Stocks Vietnam-linked stocks fall as anti-China riots continue
» Market Close KLCI rallies with regional markets on China's monetary easing
» Top macro hedge fund sees monetary easing as boon for stocks
» Hot Stocks Oil & gas-linked stocks fall on Petronas spend cut plan
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum