The error did not affect the other Bursa indices or the overall trading on Bursa and was rectified during the midday trading break. The correct index resumed when trading commenced at 2:30 pm for the afternoon session.
Bursa Malaysia Berhad Chief Operating Officer, Omar Merican said, “We apologise for any inconvenience this may have caused the market. Since the last glitch we encountered with our indices (on November 7, 2005), we have been rigorously investigating the index calculation process to identify possible issues and suitable workarounds to them. You can be certain today’s occurrence will be included in our evaluation process.”
On November 7, 2005, Bursa Malaysia’s equity indices were temporarily suspended due to a limitation in one of the parameters of the index computation programme.
