SG launches Malaysia index warrants in Singapore
Societe Generale offers Singapore investors first warrants on Malaysia's main equity index.
Societe Generale is taking bets on the Malaysian stockmarket through a new series of warrants that will start trading on the Singapore stock exchange today.
The five warrants are the first to give Singapore investors an opportunity to bet on the Kuala Lumpur Composite Index. Two are call warrants, giving investors the right to buy the index, and the other three are puts. The index closed yesterday at 1,453 points and the warrants are priced at 50-point intervals between 1,400...
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