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Index-linked put warrants hit limit up as broader market falls

Mimi Sabreena 4:03:00 PM Informasi

KUALA LUMPUR (Feb 9): Bursa Malaysia-listed Hang Seng Index-linked put warrants hit limit up on demand for these securities as a hedge against broader market losses. Malaysian shares headed south today with Asian equities after US stocks fell some 4% overnight amid higher US bond yield and US interest rate hike concerns.

At Bursa Malaysia, HSI-H2Y added 30 sen to settle at 93.5 sen at 12:30pm while HSI-H2V rose 29.5 sen to 41.5 sen.

Both warrants settled at their highest level so far today.

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