Changes in CFD counters due to latest June 2020 FTSE Bursa Index Semi Review

FTSE Russell and Bursa Malaysia announced that there will be changes to the constituents of the FTSE Bursa Malaysia KLCI, following the semi-annual review of the FTSE Bursa Malaysia Index Series today.

 

Kindly find the amendment of CFD counters as below:

Increase of CFD margin from 10% to 20%

– AMMB Holdings and Malaysia Airports- Increase in CFD margin from 10% to 20, effective 22 June 2020 until further notice.

 

Reduction of CFD margin from 20% to 10%

-Telekom Malaysia- Reduction of of CFD margin from 20%to 10%, effective 22 June 2020 until further notice.

 

Additional CFD Counters

-KLCC PROP & REITS- Stapled Sec, Axis Real Estate Investment Trust, Mega First, Datasonic Group and MI Technovation- Additional CFD counters to be added on 22 June 2020 until further notice.

 

Removal of  CFD Counters

-Pavilion Reits,UMW Holdings, and Berjaya Corp – CFD counters have been removed until further notice.

 

Any Inquiries, please do not hesitate to contact us at (603) 2162 1628 / (603) 2711 0026 or email to phillipfutures@poems.com.my

 

Risk Disclaimer:

Trading in the above products carry a certain degree of risk and may not be suitable to all investors. The risk of loss in CFDs trading can be substantial and you could lose in excess of your initial funds. You must acknowledge that you will not be entitled to deliver of, or be required to deliver, the underlying financial instrument nor ownership thereof or any other interest therein in CFDs trading. Before participating in trading these products, you should fully understand the risks involved.

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