Tariff negotiations have yet to start and broader equity market swings have become a new way of life. If the United States follows through on President Donald Trump’s threat to slap tariffs on an additional $100 billion of Chinese goods, investors fear that this tit-for-tat action could escalate. Fortunately for call warrant traders, volatility is always welcome.
“Responding to market demand, these 24 new warrants from 6 sectors will provide trading opportunities in a volatile market,” said Kenanga Investment Bank Berhad executive director and head of group equity broking, Lee Kok Khee.
These call warrants are European style, non-collateralised cash-settled call warrants and is Kenanga’s largest issuance to date.
The call warrants will be issued over the ordinary shares of Ann Joo Resources Berhad, Astro Malaysia Holdings Berhad, Axiata Group Berhad, Bermaz Auto Berhad, CIMB Group Holdings Berhad, Datasonic Group Berhad, Econpile Holdings Berhad, IJM Corporation Berhad, Inari Amertron Berhad, Kossan Rubber Industries Berhad, LBS Bina Group Berhad, Mah Sing Group Berhad, Malayan Banking Berhad, Malaysia Building Society Berhad, Malaysia Marine and Heavy Engineering Holdings Berhad, MISC Berhad, Pos Malaysia Berhad, Press Metal Aluminium Holdings Berhad, S P Setia Berhad, Sapura Energy Berhad, SKP Resources Berhad, UEM Sunrise Berhad and Westports Holdings Berhad.
“When markets are strong, structured warrant traders benefit from the well-known effective gearing effect. In a range-bound market, certain stocks come to flavour and traders may consider choosing highly-sensitive warrants. In layman’s terms, sensitive warrants flip quickly so traders can enter and exit with speed and ease.”
Stock Short Name
|
Stock Number
|
ANNJOO-CN
|
6556CN
|
ASTRO-C7
|
6399C7
|
AXIATA-C25
|
688825
|
BAUTO-CW
|
5248CW
|
CIMB-C35
|
102335
|
DSONIC-C8
|
5216C8
|
ECONBHD-CL
|
5253CL
|
IJM-C17
|
333617
|
INARI-C13
|
016613
|
INARI-C14
|
016614
|
KOSSAN-CX
|
7153CX
|
LBS-CC
|
5789CC
|
MAHSING-C15
|
858315
|
MAYBANKC41
|
115541
|
MBSB-C11
|
117111
|
MHB-C12
|
518612
|
MISC-C18
|
381618
|
POS-C20
|
463420
|
PMETAL-C10
|
886910
|
SPSETIA-C7
|
8664C7
|
SAPNRGC65
|
521865
|
SKPRES-CK
|
7155CK
|
UESM-C58
|
514858
|
WPRTS-CV
|
5246CV
|