Saturday, 29 August 2015

Aku Anak Malaysia

This song is beautiful and I sincerely hope one fine day Malaysia ku will become and achieve the true meanings of 1Malaysia!

Monday, 3 August 2015

KLCI | Value Stocks & Great Bullish Movement

We've seen the big jump at the end of the day and it was due to the foreign investors. Well it's about time that these foreign investors come back into play for the benefit of our country and the stock market.





As you can see, there was a huge jump in the share price at the end of the trading day. I believe the injection of foreign investors will continue to boost the KLCI tomorrow. Still waiting to digest and trying to understand why suddenly the foreign investors jumped in today and not earlier like last week or the week before.

Looking forward to another bullish day tomorrow. Don't forget that DIGI will be paying out the second interim dividend and the EX-date is on 05-Aug. If you are planning to purchase this share, do check out the performance of this share through the previous quarters and also the potential of this company via the work that they are doing. WPRTS will also be issuing dividends and their first interim dividend EX-date would be on 13-Aug. 

Good luck and Happy Trading folks!

Ever wonder why the KLCI closed so much higher today?

Well if you are wondering why the KLCI suddenly jumped up so much at the end of the day, search no more as it was due to the foreign funds injected for shares like Telcos, UMW, Genting and Westports. It is always a good sign to see foreign investors investing once again in our share market. More details from The Star newspapers below or here

KUALA LUMPUR: Another day of late buying by foreign funds helped send the FBM KLCI up more than 21 points on Monday after a rather lacklustre day, with buying seen in telcos, UMW and Genting Bhd.

At the close, the KLCI was up 21.05 points or 1.22% to 1,744.19. Turnover was 1.31 billion shares valued at RM1.249bil. The broader market was weaker with 324 gainers, 465 losers and 333 counters unchanged.

Stock market data showed that foreign funds were net buyers at RM88.94mil on buying of Axiata, Maxis, UMW and Westports.

Last Friday, the KLCI also staged a late rally, surging about 23 points, underpinned by surprising foreign fund buying of key stocks.

With Monday’s gains, the KLCI has chalked up 44 points over the last two trading days.

This was indeed unusual for the Malaysian market to buck the key Asian and European markets.

Reuters reported the Greek stock market slumped when it reopened on Monday after being shut down for five weeks, while weak data from China helped push oil prices to their lowest in six months and Asian stocks close to their 2015 lows.

Surveys showed China's factory activity contracted by the most in two years, ensuring a three-month sell-off in commodity and emerging markets would continue.

At Bursa Malaysia, UMW jumped 72 sen to RM10.72. Hong Leong Industries surged 51 sen to RM5.79 despite being queried by Bursa Malaysia Securities about the unusual market activity.

Among the telcos, Maxis added 53 sen to RM7.20 and Axiata gained 48 sen to RM6.85.

Petronas Gas added 32 sen to RM22.40 while Westports was up 28 sen to RM4.29 after  its target price was upgraded by CIMB Equities Research. Genting Bhd closed 18 sen higher at RM18.32.

MPI’s rally hit a speed bump, falling 23 sen to RM7 on profit taking. MAHB fell 23 sen also on a downbeat outlook from analysts. Genting Plantation shed 16 sen to RM10.24.