What is Kuala Lumpur?
Kalala Lumpur is an official stock market of Malaysia. It is a fully integrated exchange when it means that it offers everything that could be expected from the exchange -related service, including trading and clearing services. It is publicly flooded and has its headquarters on the 15th floor of the exchange square in Kuala Lumpur.
It is important to realize that the Kuala Lumpur exchange is no longer referred to. In 2004, it was renamed Bursa Malaysia Berhad after the Law on Demutualization of the same year caused the stock exchange to become a public society. The roots of the stock exchange date back to 1930, when the Singapore Association of the stock with its only intention was created to deal with securities in Malaysia, which was known at that time as Malaya. This was followed by the creation of the Malaysian Stock Exchange in 1964 and eventually Kuala Lumpur Stock Exchange in 1973. The stock exchange then became incorporated in 1976 and was considered official andMalaysia ccio market.
In 2005, the Kuala Exchange Exchange Lumpur came up with an initiative, which allowed investors to gain access to free research reports on any company on the stock exchange. This openness was a great support for investors who no longer had to invest blindly. This approach was known as the CMDF-Bursa (CBRS) research system and was designed to generate special interest in stocks and ensure liquidity.
The following year, the Kuala Lumpur Stock Exchange joined the FTSE's main British stock market to create the FTSE Bursa Index Malaysia. It is a means of calculating real -time indices and covers every company involved in the main council of Bursa Malaysia. It is designed to monitor careful monitoring of the performance of the main companies on the market. It will achieve this by calculating all tradable indices every 15 seconds with reference index calculations once in Minutu.
Although the Kuala Lumpur Stock Exchange was relatively successful, there were several fears and defects on the way. The global economic recession did not escape and was affected by a 10% decline in March 2008, because domestic matters - such as general elections dominated by fraud and foreign influences, such as the mortgage crisis in the US - caused panic. This resulted in the suspension of the market for an hour to calm down the situation. The market closed again in July 2008, when various hardware defects were reflected, affecting the stock market. Errors were corrected and trading was restored as usual the following day.