The Malaysian stock exchange is called the Bursa Malaysia Berhad. The major index is the FTSE Bursa Malaysia KLCI Index, which tracks the performance of 30 largest companies by full market capitalisation listed on the Main Board of the Bursa Malaysia.
Some of the largest and most well-known listed stocks are Malayan Banking BHD (MAYBANK), CIMB Group Holdings (CIMB), Sime Darby Berhad (SIME), Petronas Chemical BHD (PCHEM) and Maxis BHD (MAXIS).
|Online Trading||Offline Trading|
|Malaysia (Bursa)||0.30%||MYR RM75.00||0.75%||MYR RM120.00|
Note: Commission is inclusive of GST and exchange fees are exclusive of GST, and may be subject to change without prior notice. Share Trading Fees outlined are for execution only, fees for advisory services may differ and should be discussed with your Private Client Adviser. Custodian charges may apply.
All accounts are prepaid in order to enjoy low online brokerage fees.
Compare brokerage fees across all markets here.
|Contract Stamp Duty||RM1.00 for every RM1,000 or fractional part of RM1,000 of value, subject to maximum of RM1,000.|
|Foreign Fee||0.03% (rounded up to nearest cent, max MYR 1,000 per contract)|
*With effect from 13 July 2023, stamp duty is reduced from 0.15% to 0.1%.
|Australia Time AEST||11:00am – 02:30pm|
|04:30pm – 07:00pm|
|Malaysia Time||09:00am – 12:30pm|
|02:30pm – 05:00pm|
|Settlement Cycle||T+3 Market Days|