Encouraging news flow attracts traders back into the market

27 March 2019

Source: Malaysia SME


Kenanga launches 12 new Call Warrants

Kenanga Investment Bank Bhd (Kenanga) now offers trading opportunities via 12 new highly-sensitive warrants on stocks with good news flow. These 12 call warrants are European style, non-collateralised cash-settled call warrants.

"We observed that a bullish environment is highly desirable for call warrant traders. With our ears to the ground and our eyes opened to the ever-changing market trends, this issuance will attract traders as the sensitive warrants flip prices quickly, they can enter and exit with speed and ease," says Kenanga head of Equity Derivatives, Philip Lim.

The call warrants will be issued over the ordinary shares of AirAsia Group Bhd, Dialog Group Bhd, DRB-HICOM Bhd, FGV Holdings Bhd, Hartalega Holdings Bhd, Hibiscus Petroleum Bhd, Inari Amertron Bhd, Mi Technovation Bhd, MY E.G. Services Bhd, Petronas Chemicals Group Bhd, Press Metal Aluminum Holdings Bhd, and Sapura Energy Bhd.

"We differentiate ourselves with our online trading tools to further educate investors and also provide them with real-time, easy access to our expert warrant issuers through our online channels such as our free Telegram Channel & Telegram Market-making Hotline. These are suitable for savvy and agile Malaysian traders looking for the extra edge," Lim adds.

"These 12 call warrants mark the second issuance in 2019 since Kenanga's Live Matrix launch - a trading tool which enables investors to view the live feed from Kenanga's market making system, giving them easy access to real-time market data and flexibility to trade on-the-go," he says.

"We aim to build a savvy and agile warrants trading community in Malaysia by equipping investors with the right tools and information through our monthly talks to enhance financial literacy, including warrants trading," he adds.

Established 40 years ago, Kenanga has extensive experience in equity broking, investment banking, listed derivatives, treasury, corporate advisory, Islamic banking, wealth and investment management.

It is the largest independent investment bank by equity trading volume and value, as well as is one of the top three brokerage houses with the largest network of remisiers in the country.

Kenanga offers a wide range of products and services such as corporate and institutional coverage, corporate finance, debt capital markets, equity capital markets, corporate banking, Islamic finance, equity broking, equity derivatives and structured products, treasury as well as investment research and advisory services.

Kenanga Futures Sdn Bhd was named Malaysia's 'Best Trading Participant Equity & Financial Derivatives' for the past 15 consecutive years by Bursa Malaysia Derivatives Bhd.