New board lots can attract retail buying


  • Business Premium
  • Monday, 28 Apr 2003

THE implementation of reduced board lot size for securities listed on the trading and services sector today may spark some buying interest in battered blue chips stocks, especially from retailers. 

“The smaller board lot size makes little difference to institutional buyers?it would benefit retailers the most (in terms of cheaper entry cost) for exposure in blue chip companies,’’ a local fund manager said. 

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