A few things have been implemented into our new stock market starting from today.
- New tick size for securities and
- Main board and Second board has been merged into Main Market and
- MESDAQ has been renamed to *ACE Market.
*ACE stands for Access, Certainty and Efficiency.
FBM KLCI falls more than 10 points this early morning and then lower to 1169.17 (decreased 0.49%) on this afternoon. Most counters’ share price seem moving slow due to the smaller tick sizes. Maybe the market still need some time to familiar themselves with the new tick sizes.
Read more at The Star about the new board structure.
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