Reflections on Volume

Big volume without further upside equals distribution
Big volume without further downside equals accumulation

Volume tends to peak at turning points
Volume often precedes price movement
Volume is a relative study

Wednesday, January 19, 2011

Bursa, Thai bourse to start cross-trades by year-end

MALAYSIA and Thailand will start cross-trading of shares by year-end as part of a plan to make Southeast Asian markets more accessible and spur trading, Bursa Malaysia Bhd chief executive officer Datuk Yusli Mohamed Yusoff said. Singapore, followed by the Philippines, will be next to join the drive to link the Association of Southeast Asian Nations (Asean), Yusli said yesterday.
The bourses aim to promote investment in a region with "one of the highest savings rates in the world", Veerathai Santiprabhob, Stock Exchange of Thailand's chief strategy officer, said by phone.

"What we're talking about is to create an electronic link between different markets in Asean," Yusli said in an interview in Kuala Lumpur.

"If Asia is going to be exhibiting strong relative growth compared to the rest of the world, then hopefully if we can get the infrastructure and network up, it can make it easier for investors to come here."

Read more: Bursa, Thai bourse to start cross-trades by year-end

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