Discover how Bursa Malaysia blends tradition with finance during the festive season!
Bursa Malaysia and its subsidiaries will be taking a short break on April 10 and 11 to celebrate Hari Raya Aidilfitri, a significant festival in Malaysia. While the stock exchange is closed, the nation continues to witness the age-old tradition of cash transactions during this festive period. However, modern trends show a rise in e-duit Raya, indicating a shift towards digital gifting. As Bursa Malaysia prepares to resume full-day trading on the eve of Hari Raya Aidilfitri, the anticipation for market activities grows among investors and traders. The securities market and derivatives market will both operate under normal trading hours on the festive eve.
It's fascinating to note that the RM1 and RM5 notes see the highest surge in circulation during Ramadan and Hari Raya, showcasing the importance of these denominations in the festive economy. Despite the traditional practices, the financial landscape is adapting to digital advancements, with e-duit Raya gaining popularity among Malaysians during this festive season.
KUALA LUMPUR: Bursa Malaysia and its subsidiaries will be closed on April 10 and 11 in conjunction with Hari Raya Aidilfitri 2024, subject to the official ...
The RM1 and RM5 notes had the highest increase in the number of banknotes during Ramadan and Raya. Read more at straitstimes.com.
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