ASEAN KEY DESTINATIONS
Young Malaysians avoid stocks
"Our investors and intermediaries base, points to a significant aging population in the retail market. They are pre-dominantly in the 40's category," Bursa Malaysia chief executive officer, Datuk Yusli Mohamed Yusoff said.
Hence, he added, there is a need to narrow the gap, not only from the point of age, but also the educational and understanding perspective to create a sustainable investors base.
He was speaking at the launch of "eTrade On The Go," here today.
"eTrade On The Go", mainly targeted at youths, is a programme where JF Apex Securities Bhd clients who trade online, will each be rewarded with a free laptop and broadband service for a period of 24 months.
It is a one year tie-up programme between JF Apex, Acer Sales and Services Sdn Bhd, DiGi and Tejari Technology Bhd.
The programme covers a series of nationwide roadshows organised to retain,re-activate existing investors, and recapture new investors via the JF Apexonline trading portal.
Yusli said Malaysians generally should know that regardless of market conditions, there are always opportunities to be explored when it comes to investing in the capital market.
"Hence) roadshows such as "eTrade On The Go" is an excellent platform to engage with this very important segment of potential retail investors,particularly in mitigating their misconceptions about the capital market," he said
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