Wednesday 23 September 2015

Lackluster Market | More Booster?

The KLCI index fell 21.40 points or 1.31% to 1613.97 for the first half of the day. 


PBBANK at 17.68 down 44 cents or 2.43%

The PBBANK share experienced a drastic fall in the share price. From the announcements page, there was a huge quantity of the share being disposed by EPF yesterday. PBBANK should end the day with a loss.

Maybe some of these recent news might be affecting the KLSE today.



DIGI at 5.47, down 12 cents or 2.15%

The last announcement for the share showed large amounts of shares being disposed by EPF while seeing smaller portions being acquired. It would not be surprising that the earlier session was full of profit taking as the share price has increased tremendously over the past week or so. 

I would say in this lackluster market, you will be seeing more profit taking from the investors. Those previously boosted counters seem to be experiencing large quantity of sales for their shares. Maybe there might be another booster package?