Share price is not the ultimate figure that determine which company is large or smaller.
It is the market capitalisation that determine which one is bigger. Also company share price is influenced by the number of shares issued. The more number of shares issued, the lower the price might be.

Market cap of a company = number of shares issued x share price.

Volume means transaction done in the stock market.

Call-warrant issued by third party.

Dude, you need to learn one by one if you are newbie in this area. Can google around the KLSE FAQ as well as other site faq to have more understanding.
We are glad to help out.

Yes, basically warrant or call-warrant are not shares, it is just a 'rights' to buy its mothershare at a specific price at a specific time frame.

Actually all are quite simple, just sometimes people need some experience in it so that it makes more easier to understand.
It is a daunting task for me to create a FAQ, it needs plenty of time to do it. Also there are aleady lots of FAQ at respective website, don't need to do a redundant work. I still have a job to do everyday mah. Please bare with me.

Welcome to the board

Actually the Chinese word or translation is not exactly mean by English term. Locally it is just mean Mesdaq.
The origin of this 自報價股 is come from Nasdaq which stand for National Association of Securities Dealers Automated Quotations.

You need to know how market trade or exhange in the old day system (through human manual matching etc) to know why Nasdaq is born.

You cannot take like to like comparison with the index. Index is just a virtual number, just like KLCI start at 1986 (if not mistaken) with 100 points, while if you see FBM30, it started around 6,600 last year. To compute current index or share price of the component, 100 points is the based to use to calculate.

Index carries not much meaning. Todayi HSI is 23,000. Tomorrow, the HKex authorities can decide not to use HSI anymore and reform another new index, it can start at 1,000 or 50,000. Index is just a base comparison. Just like KLCI now is 1390 so it is benchmark against that it had risen 13.9x since its inception.

But if (not the real situation) KLCI started at 100 points while STI also started at the same level and same time. If STI index is double than KLCI like currently, then it means their shares price performance is doubled than KLCI.

But index performance can mean their better performance in economy as only good economy growth will generate more earning (profit) to listed company which eventually translate into higher share price.

This post has been edited by cherroy: Jan 31 2008, 03:57 PM

Errr...., this question hard to answer, just like you ask why FBM30 was started at 6,600 level or newly second board index started at 6,+++ level.
A bourse like to use this number while the other like to use another figure.

There is no way to have a direct comparison, just like apple and orange case. Index is only being used as benchmark comparison like I mentioned before.

Composite index is just a name of it like KLCI has 100 components. In US DJ is consist of 30 stocks only, while S&P 500 consists of 500 stocks. While Nikkei consist of 225 stocks. Just index is a way for guidance and benchmark. If no index then it is hard to tell the overall market is up or down or up how many as market generally mix bag with up and down counters. With index, then people can qoute today is up 1.xx%. Although it sometimes will not reflect fully the whole market pciture, it is roughtly good to represent most of the time.

Yup, forget about the mathematical side.
It can be different.

But mostly bourses generally uses the market capitalisation as a way to compute the index. DJ is the most special one, it uses price weight to compute the DJ instead of market cap.

1. No min on the amount but min share is 1 lots aka 1 x 100 shares.

2. Any investment bank or securities firm. Don't know the Damansara area, check the KLSE website which got full list of it.

3. Calling remiser or online trade to put an order, both will do but online trade get lower commission rate.

A trading account and a CDS is sufficient for one to trade already, once reach t+3, you pay by check or bank in into the investment bank account.

Paper trade, you can try Bursa Pursuit 'game' annually. Now no more. Several investment bank got paper trade function for newbie to tryout, I don't know which website got offer, may be some other forumers can help on this.

Learn the market first before committing. It involves hard-earned money in stake, should treat it cautiously. Don't start invest or trade before fully understand and know the risk of it.

Cheers.

PS: Merged with the FAQ thread to avoid multiple thread

The word of subprime already explains it. Sub-prime.

It is those loan given out to people not qualify as prime borrowers aka credit history or qualification that's not good.

Those subprime loan is highly sort because of real estate bubble in US. So when real estate price keep on surging, even those not able to pay the loan one also take up housing loan (subprime loan) to try to gain in real estate. It is even more being fueled by low interest rate previously (1%) aka low month paid. But since after that, interest rate surge to 5.25%.

When real estate price keep on going up, those subprime loan won't have a problem as subprime borrowers if not able to pay up can easily dispose the property and still gain through the property price appreciation. But when the real estate bubble burst, then all gone, property price goes down, no one wants to buy, and subprime borrowers not able to pay up their loan, defaulting it.

Worst still banks take property as collateral in mortgages at high point of property price. Eg. when property market price bubble time, it was 100,000, subprime borrowers borrow 100,000 from the bank. But he/she cannot paid up afterwards and default it so banks took over the collateral property, but now the property price is 80,000 only. So banks need to bare the 20,000 losses, that's why you see massive writedown in banks all over the place.

Just a simple explanation, real situation is much more complex than that.