Tuesday, December 29, 2009

Bursa Malaysia

In conjunction with my plan to categorizing each of the listed companies into one of the 60 Jia Zi, I have posted some information of the history our stock exchange, Bursa Malaysia, here.

History of Bursa Malaysia

The history of Malaysia Stock Exchange dates back to 1930 when the first formal securities organization, Singapore Stockbrokers' Association was established. Subsequently, it was re-registered as Malayan Stockbrokers' Association in 1937 but no public shares have been traded then. Public trading of shares commenced when the Malayan Stock Exchange was established in 9 May 1960.

Bursa's Bazi

The Stock Exchange of Malaysia (SEMS) was officially formed in 1964. In 1973, the SEMS was separated into The Kuala Lumpur Stock Exchange Bhd (KLSE) and The Stock Exchange of Singapore. KLSE was incorporated on 14 December 1976 as a company limited by guarantee and took over the operations of the Kuala Lumpur Stock Exchange Bhd.

On 14 April 2004, KLSE changed the name to Bursa Malaysia Bhd with the aimed at improving the product and service offerings, increasing the liquidity and velocity of the markets, improving efficiency of businesses and achieving economies of scale in operations.

On 18 March 2005, Bursa Malaysia was listed on the Main Board as Bursa Malaysia Securities Bhd.

The exchange received certifications for conformance to the ISO 9001:2000 Quality Management System and ISO 14001:2004 Environmental Management System standards on 5 October 2007.

Definition

A Stock Exchange is a mutual organization which provides the facilities or platforms for shares and other securities to be bought or sold by the investors and traders alike. Besides the trading facility, the other exchange-related services are clearing, settlement and depository services. Most of the Stock Exchange nowadays also offers research and information services for its own market.

Any industry which relates to the finance is categorised as the metal element. The metal element consists of two polarities that are Geng and Xin. For matter that I can't explain which is based more on personal feeling (if the idea flash across my mind I will post it into the comment column), I have eliminated the Geng Metal from being the Jia Zi of the stock exchange.

Xin Chou

I have considered few of the Xins like Xin Chou, Xin Wei and Xin Si as the Jia Zi for the Stock Exchange. At last I have chosen Xin Chou due to the reasons:

  1. Xin is one of the metal elements which represent the financial industry. It also an element that everyone has a perceive value on it.
  2. The mentioned of a facilities and platform for shares to be traded very much refer to the earth element which is in the Chou, Si and Wei.
  3. The stock exchange besides its subsidiary also comprises the member of the stock brokers and the listed companies. This is where the companion star, Friend and Rob Wealth Stars, converge. Hence, Wei is eliminated.
  4. Further looking at the functions of stock exchange like the depository, research and information services which are represented the graveyard that plays storage role as well as the Indirect Resource Star which provides information.
  5. The minor Gui is the Wealth of the Ji result of the output of Xin. The stock exchange does have huge cash reserves from the contribution of its services as well as the fees paid by companies for listing in the exchanged.

It is a common misunderstanding between the stock exchange i.e. Bursa and the overall Malaysian's stock market. We refer to Malaysian's stock market, we consider the condition of the trading market whether it is bullish or bearish. As such the stock market Jia Zi is Xin Si. The Bing in the Si represents the public market where thousands of different companies trade their shares. It is like the many living creatures and objects under the Sun which rise and set with the cycle of day and night. The market also comes with the cycle of up and down. The Xin Si is also a hidden combo of water which explained the volatile natures of the stock market.

When you put the Chou and Si together, it push-out the You. With the Three Hormony Combination, you have one great network of the Rob Wealth and Friend Stars converging in the stock market industry.

Three Harmony CombinationJosephine

4 comments:

Chris Chan said...

Wahhhhh very ambitious. I'm impressed. Congrats on completing M4. happy New Year.

Chris

Josephine said...

Thank you. No harm for trying. Happy New Year to you too.

Jo

Ren Shen said...

Hi Jo,

I met you in tutorial and M3. The name is David, the Ren Water guy.

This contribution is great. I'll do some backtesting to verify if these Jia Zi can withstand the empirical data.

Regards,

Josephine said...

Hi David,

I remember you. How are you?

I thought of doing that too. If you can verify it that would be even better. Please do let me know of your finding.

Cheers,
Jo