Direct Market Access (DMA) is a new technology for investors to do trading in efficiency manner. Besides that, the investors will also be able to enjoy greater connectivity and more control of their orders through the DMA platform for equities and derivatives market.
With the new era, more and more people will be using the internet to enter their orders. This is because they would be able to react quickly to information flows and self limit orders in the market rather than relying on remisier. Other than that, they can also enjoy much cheaper rate.
Most of us still can remember the year 1997 economy crisis which hit whole Asian countries. Those countries that major affected are South Korea, Malaysia, Indonesia, Hong Kong, Laos and Philippines. At that time, we can see that all these countries currencies dropped to a lower level against the US dollars.
During that year, the economies of Southeast Asia were the main attraction for foreign investors due to its high interest rate. We observed that the hot money pumped into these regions various sector such as properties, stocks and so on. The growth domestic product rate was 8 – 10 % for these countries.
Many people also know that Genting Casino in Malaysia was a well known casino operations, which generally attracted a lot of people, come from different countries of the world. Hence, Genting is the one of the tourism that become high profit generator in Malaysia.
The Singapore Casino, which is run by Genting International. I have been thinking whether the effect of the financial crisis will affect the Genting Casino gaming industry?
Based on my personal analysis, the shares price on Bursa Malaysia have been on the downtrend since the March 8, 2009 general election. In addition, the knock-on effect of the sudden hike in petrol prices and weakening consumer buying power has much affect the Malaysia economic. However, one stock that continues to be favored is, one of the best-managed stocks in Malaysia, Genting Bhd.
Genting Share Price Drop After Lost Its Founder
Genting share drop from RM9.90 to the share price at around RM5.60 since April 2007. It was lower than the share price of RM6 after March general election. I guess should be caused by the lost of its founder, Tan Sri Lim Goh Tong, at that time.