Minimum
Bids
A minimum bid is the permissible change on the offer to buy price over the previous done or
quoted price.
When trading on Bursa Malaysia, bids and offers for shares within different price ranges
follow different minimum bids.
The following are the minimum bids for the different price ranges:
| Market Price of Share |
Minimum Bids |
| Below RM1.00 |
1/2 sen |
| RM1.00 up to RM2.99 |
1 sen |
| RM3.00 up to RM4.98 |
2 sen |
| RM5.00 up to RM9.95 |
5 sen |
| RM10.00 up to RM24.90 |
10 sen |
| RM25.00 up to RM99.75 |
25 sen |
| RM100.00 and above |
50 sen |
Example:
| Last done price for Company ABC |
RM 3.10 |
| Next buying quote (at least 2 sen difference) |
RM 3.08 |
| Next selling quote (at least 2 sen difference) |
RM 3.12 |
|
