Kenanga Investment Bank Bhd is now offering trading opportunities for what it described as 12 new and highly-sensitive warrants on stocks with good news ow.
The call warrants are European style, non-collateralised cash-settled call warrants.
In a statement, Kenanga equity derivatives head Philip Lim said it has been 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, (allowing them to) enter and exit with speed and ease,” he said.
The call warrants will be issued over the ordinary shares of AirAsia Group Bhd, Dialog Group Bhd, DRBHicom Bhd, FGV Holdings Bhd, Hartalega Holdings Bhd, Hibiscus Petroleum Bhd, Inari Amertron Bhd, Mi Technovation Bhd, MyEG Services Bhd, Petronas Chemicals Group Bhd, Press Metal Aluminium Holdings Bhd and Sapura Energy Bhd.
With the latest issuance, Lim said Kenanga has online trading tools to further educate investors and also provide them with real-time.
The 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.
Kenanga aims to build a savvy and agile warrants trading community in Malaysia by equipping them with the right tools and information through its monthly talks to enhance financial literacy, including warrants trading. — TMR