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FIN 346 Chapter 3

Total questions: 25

Worksheet time: 13mins

Name
Class
Date
1.

Which of the following is NOT a function of Bursa Malaysia as a stock exchange?

a)

Providing a platform for buying and selling securities

b)

Regulating the issuance of new currency notes

c)

Facilitating capital raising for companies

d)

Ensuring transparency and fair market practices

2.

In the primary market, what is the main purpose for companies to issue securities?

a)

To allow public trading of shares

b)

To increase market volatility

c)

To raise capital for business expansion

d)

To establish partnerships with banks

3.

How does the secondary market benefit investors?

a)

By offering a platform to trade existing securities

b)

By creating a safe environment free from market fluctuations

c)

By providing direct investment options in private companies

d)

By avoiding regulatory oversight

4.

Why might a company choose to list on Bursa Malaysia?

a)

To become eligible for government grants

b)

o increase its private shareholder base

c)

To raise capital and enhance corporate reputation

d)

To avoid public reporting requirements

5.

Which of the following is the main index of Bursa Malaysia that tracks the performance of the top 30 companies?

a)

FTSE Bursa Malaysia KLCI

b)

Dow Jones Industrial Average

c)

S&P 500 Index

d)

Nikkei 225

6.

In Malaysia, which market allows investors to buy and sell securities that have already been issued?

a)

Primary Market

b)

Secondary Market

c)

Futures Market

d)

OTC Market

7.

What role does Bursa Malaysia play in the Malaysian economy?

a)

Acts as a direct lender to corporations

b)

Supports economic growth by facilitating capital raising and investment

c)

Collects taxes on all trading activities

d)

Controls monetary policy

8.

What type of services does Bursa Malaysia Berhad provide through its subsidiaries?

a)

Only trading services

b)

Trading, clearing, settlement, and depository services

c)

Auditing and compliance services

d)

Loan and mortgage services

9.

Which of the following acts governs the Malaysian capital market?

a)

Malaysian Trade Act 2005

b)

Securities Exchange Act 2008

c)

Companies Act 2010

d)

Capital Markets and Services Act 2007

10.

What is the primary purpose of the secondary market on Bursa Malaysia?

a)

To issue new securities

b)

To provide loans to companies

c)

To regulate public companies

d)

To allow trading of existing securities

11.

Which of these is NOT a reason for a company to list on Bursa Malaysia?

a)

To improve company visibility and profile

b)

To avoid public disclosure requirements

c)

To raise additional funds

d)

To enhance confidence among investors

12.

What does FBM KLCI stand for?

a)

Financial Banking Market Kuala Lumpur Composite Index

b)

Federal Business Market Kuala Lumpur Composite Index

c)

Financial Burgeoning Market Kuala Lumpur Composite Index

d)

FTSE Bursa Malaysia Kuala Lumpur Composite Index

13.

Which method is used to calculate the FBM KLCI?

a)

Arithmetic average of stock prices

b)

Weighted average based on outstanding shares

c)

Simple average of all Geometric mean of selected stocksshares

d)

Geometric mean of selected stocks

14.

Why is interest rate movement a factor in stock market performance?

a)

It influences alternative investment attractiveness

b)

It decreases company profits

c)

It directly increases stock market growth

d)

It has no effect on stock prices

15.

What does IPO stand for in stock market terms?

a)

Initial Public Offering

b)

Internal Private Organization

c)

International Public Operation

d)

Internal Profit Optimization

16.

A stable political environment generally affects the stock market by:

a)

Discouraging local investment

b)

Reducing the need for foreign investment

c)

Promoting industrial growth and stock performance

d)

Limiting the capital market's regulatory scope

17.

Which of the following is a penalty that Bursa Malaysia may impose for breach of listing requirements?

a)

Company imprisonment

b)

Fines exceeding the company’s market value

c)

Forced merger with another company

d)

Suspension of trading

18.

Which factor relates to Bursa Malaysia’s policy on clarifying rumors and reports?

a)

Ignoring baseless rumors

b)

Ensuring fair trading practices

c)

Clarifying material information when rumors impact trading

d)

Releasing information only through closed channels

19.

What is the primary purpose of the primary market on Bursa Malaysia?

a)

To offer trading of existing securities

b)

To regulate corporate practices

c)

To allow companies to raise capital by issuing new securities

d)

To conduct investor education programs

20.

The Capital Markets and Services Act 2007 is primarily designed to:

a)

Set regulations for securities trading in Malaysia

b)

Oversee banking activities in Malaysia

c)

Create lending standards for financial institutions

d)

Manage personal finance laws

21.

What does Bursa Malaysia require of a company when unusual market action takes place in its securities?

a)

To adjust stock prices manually

b)

To release information on trading activities

c)

To investigate and address rumors if necessary

d)

To avoid public statements on market conditions

22.

Which of these is NOT a benefit of a company undergoing an IPO?

a)

Enlarging its equity base

b)

Creating public exposure

c)

Increasing control over market prices

d)

Gaining cheaper access to capital

23.

What is the function of Bursa Malaysia's policy on insider trading?

a)

To allow limited public disclosures before trading starts

b)

To enable senior employees to act on private company information

c)

To allow early access to information for institutional investors

d)

To prevent unfair advantage based on undisclosed material information

24.

Which of the following factors is likely to increase the performance of a stock market?

a)

High inflation rates

b)

Rising interest rates

c)

Strong economic growth

d)

High national debt levels

25.

A company listing on the ACE Market in Malaysia is typically characterized by:

a)

Being a newly established or fast-growing company

b)

Meeting the same requirements as the Main Market

c)

Aiming solely for large institutional investors

d)

Operating primarily in the real estate sector