Posted by ThousandWishes > 2020-09-27 20:25 | Report Abuse

This isn't an ideal product to trade as the weightage of GLC is overwhelming. It's very different from Dow Jones where there isn't any GLC among its components. BMD has to introduce something else to include at least 200 component stocks hopefully minus out all the GLCs. I don't use the word "tipu" as no one forces a person to trade in this product. BMD existence depends solely on FCPO without which BMD would have to close shop. Even FCPO is facing strong competition from Singapore Apex CPF product. If Malaysia still thinks it's the only country in the world without serious reforms then it is better for Bursa & BMD to close shop. Survival of the fittest and most competitive(color blind is the key word).