Will he coming election repeat the same pattern as year 2008? I'm expecting KLCI drops 300 to 400 index. Let's wait and see...
Showing posts with label KLCI. Show all posts
Showing posts with label KLCI. Show all posts
Friday, 1 February 2013
Monday, 21 January 2013
FBM KLCI closes down 40 points, largest day drop since October 2011
KUALA LUMPUR: The FBM KLCI ended the first day of the week 40.81 points lower, as investors cashed in their positions ahead of the general election.
At 5pm, the KLCI was down 2.43% to 1,635.63, its largest single day drop since October 2011. Turnover stood at 1.83 billion shares valued at RM2.60bil. There were 85 gainers, 904 losers, and 172 counters unchanged.
The index hit an intra-day low of 1,631.40, down 45.04 points.
Dealers said among the sellers were foreign funds as they cleared their positions amidst talk the general elections would be called soon.
Last week, foreign investors bought net RM952.20 million of Malaysian equities in the week ended Jan 18, 2013, making it the sixth week in the row, and the highest number of equities bought by foreigners in 27 weeks.
“The market might rebound marginally tomorrow, however sentiments have been affected and investors should take on a defensive stance,” an analyst said.
Among the 30 component linked stocks, Axiata fell 34 sen to RM6.30, CIMB lost 34 sen to RM7.24, DiGi declined 21 sen to RM4.93.
Among the key regional markets, Japan's Nikkei 225 was 1.52% lower at 10,747.74, Hong Kong's Hang Seng Index declined 0.05% to 23,590.91, Shanghai's Composite Index gained 0.48% to 2,328.22.
Taiwan's Taiex shed 0.10% to 7,724.92, South Korea's Kospi inched down 0.07% to 1,989.28 and Singapore's Straits Times Index increased 0.35% to 3,222.44.
US light crude oil shed 44 cents to USD95.12, Brent was 27 cents lower at USD111.62. Spot gold increased USD5.37 to USD1,689.67, while the Ringgit weakened 0.0248 against the USD at 3.0359.
Crude palm oil for third-month futures increased RM16 to RM2,416.
At 5pm, the KLCI was down 2.43% to 1,635.63, its largest single day drop since October 2011. Turnover stood at 1.83 billion shares valued at RM2.60bil. There were 85 gainers, 904 losers, and 172 counters unchanged.
The index hit an intra-day low of 1,631.40, down 45.04 points.
Dealers said among the sellers were foreign funds as they cleared their positions amidst talk the general elections would be called soon.
Last week, foreign investors bought net RM952.20 million of Malaysian equities in the week ended Jan 18, 2013, making it the sixth week in the row, and the highest number of equities bought by foreigners in 27 weeks.
“The market might rebound marginally tomorrow, however sentiments have been affected and investors should take on a defensive stance,” an analyst said.
Among the 30 component linked stocks, Axiata fell 34 sen to RM6.30, CIMB lost 34 sen to RM7.24, DiGi declined 21 sen to RM4.93.
Among the key regional markets, Japan's Nikkei 225 was 1.52% lower at 10,747.74, Hong Kong's Hang Seng Index declined 0.05% to 23,590.91, Shanghai's Composite Index gained 0.48% to 2,328.22.
Taiwan's Taiex shed 0.10% to 7,724.92, South Korea's Kospi inched down 0.07% to 1,989.28 and Singapore's Straits Times Index increased 0.35% to 3,222.44.
US light crude oil shed 44 cents to USD95.12, Brent was 27 cents lower at USD111.62. Spot gold increased USD5.37 to USD1,689.67, while the Ringgit weakened 0.0248 against the USD at 3.0359.
Crude palm oil for third-month futures increased RM16 to RM2,416.
KLCI damn RED!
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What's happen to our KLCI today? It's damn in bleeding. Today KLCI index erased off 40 points.
From 30 KLCI counters, no even one counter is in green! Axiata is the
biggest loss. This is followed by CIMB DIGI, IHH, MAYBANK, etc.
Today's deep drop is due to the romors of dissolve parliament and general election? Everyone is in panic to sell their holding.
How's KLCI market tomorrow? continue in red? Let's watch it closely.
Monday, 31 December 2012
KLCI ends all-time high for year 2012
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Surprisingly, today KLCI index last minute out perform with jump up to close 1688.95 points for the last trading day before end year 2012. Good job KLCI!
Friday, 7 September 2012
KLCI big drop
Our KLCI dropped a lot for these 2 days. Yesterday drop nearly -25 points while from 2 days ago it dropped nearly -40 points. Some said that is due to ECB meeting which is held yesterday and the coming general election. Will it continue keep dropping today? 1600? But, this early morning DJ gained +245 points. So, how's our KLCI is going to perform today? Up or Down? Let's watch it closely.
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