PETALING JAYA: Retail investors are diving into the stock market once again as the Klang Valley enters the second week of the conditional movement control order (CMCO), thanks to the prevailing low interest rates and the likelihood of another potential slash in the overnight policy rate (OPR) next month.
There was a noticeable increase in trading volume since last week, although it has yet to hit the dizzying levels seen in August, with retailers recording the biggest gain in participation week-on-week (w-o-w) following the introduction of the CMCO in Selangor, Kuala Lumpur and Putrajaya from Oct 14 to Oct 27.
The four trading days this week up until yesterday recorded a volume of 35.75 billion, which was already 5.21% higher than last week’s volume of 33.98 billion.
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