Fbm last data came at 5.05. 02. ???? From day one ( until today), fbm's last data is decided at 4.50.15.
What : fbmkli jumps 6 points from 1210.61 ( 4.50.15) to 1216.45 after 5 pm. ( 5.05.02)
Why : KLK surge almost RM4 from 13.70 to 17.00, +23% on the day
But i do not understand how KLK can trade at 17.00 under Trading-at-last ( TAL ) stage after PRECLOSING stage when the last done price is 13.70. In this case TAL should be 13.70 too. And if so, why is the data is only published at 5.05.02 instead of 5.00.15
Another possibility......at 4.50.15 the reading should be 1216.45 already but Bursa system screw up at publish 1210.61 data. And by 5.05.02 Burse fixed the problem.
Anyone to clarify ?
3 years ago
i think KLK prices already reach rm17 during price matching period 4.45-4.50pm but they withold that price to check the anomaly in the trading but finally they confirm tat nothing is wrong after 5... ask who and why the bugger want to eat til rm17, i also interested to know!! price manipulation?
ReplyDeletetks. could well be. Why ? it could be an error to buy 13.70 instead of 17.00 or the broker forgoten the order during the trading hours and have to dump everything in the preclosing stage. but at 23% ? bad fills.
ReplyDeleteEven so, it should not take Bursa that long to check, which itself, caused anomaly in the fbm index data. Plus Bursa should have send us, the broker, a short message/note..a lack of transparency.
As for who....kwailow broker