How to Buy Malaysian Stocks in Australia

Malaysia Stock Market

Malaysia is the fifth largest economy in Southeast Asia and the thirty fifth economy in the world. Its labour productivity is significantly higher than neighbouring countries due to knowledge-based industries, cutting edge technology for manufacturing and the digital economy. The local currency is Malaysian ringgit. The GDP growth was 6.2% in 2017 driven by services and Industry sectors. PhillipCapital as a broker with global reach provides a unique access into Malaysian stock market and gives our clients the opportunity to experience the most exotic economy and to diversify their portfolio through international equities.

Bursa Malaysia

Malaysia Stock Exchange was known as Kuala Lumpur Stock Exchange and now is known as Bursa Malaysia. It is ranked the eleventh largest exchange globally and is world’s largest palm oil trading hub. The exchange is dominated by financial and plantation sectors. The largest stocks listed on Bursa Malaysia include Malayan Banking Berhad, Tenaga Nasional Berhad, Public Bank Berhad, Axiata Group Berhad and Sime Darby Berhad.

Trading Hours

Malaysia stock exchange’s pre-opening auction session starts from 8:30 am to 9:00 am, morning session opens from 9:00 am to 12:30 pm, afternoon pre-opening auction session starts from 2:00 pm to 2:30 pm, afternoon session from 2:30 pm to 4:45 pm and pre-close session starts from 4:45 pm to 5:00 pm. (Australia Time AEST 10:30 am - 2:30 pm, 4:00 pm - 7:00 pm). Stocks traded on the Bursa Malaysia are priced in Malaysian Ringgit. Investor needs to be mindful about currency conversion as it could have negative impact on their profitability.

How to Buy Malaysian Stocks

As one of the very few Australian stock brokers that can offer you the scope of Asian Markets like we can, PhillipCapital provides you with access to buy and sell Malaysian stocks from Australia.  

You can open an account and trade these stocks online through our international share trading platform. Alternately there is also the option with phone trading.

Find out more on the brokerage fees to buy Malaysian stocks.

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This publication contains general securities advice.  In preparing the advice, PhillipCapital has not taken into account the investment objectives, financial situation and particular needs of any particular person.  Before making an investment decision on the basis of this advice, you need to consider, with or without the assistance of a securities adviser, whether the advice in this publication is appropriate in light of your particular investment needs, objectives and financial situation.  PhillipCapital and its associates within the meaning of the Corporations Act may hold securities in the companies referred to in this publication.  PhillipCapital believes that the advice and information herein is accurate and reliable, but no warranties of accuracy, reliability or completeness are given (except insofar as liability under any statute cannot be excluded). No responsibility for any errors or omissions or any negligence is accepted by PhillipCapital or any of its directors, employees or agents.  This publication must not be distributed to retail investors outside of Australia.

It is recommended that you seek independent advice and read the relevant Product Disclosure Statement before making a decision in relation to any investment. Any advice contained in this communication is general and has not taken into account the investment objectives, financial situation and particular needs of any particular person.