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Sept 23th Monday - BC Daily Trading Floor

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Post by Cals Mon 23 Sep 2013, 18:06

seems to me foriegn funds are back .. by picking up retail exits
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Post by peanut Mon 23 Sep 2013, 18:16

Cals wrote:seems to me foriegn funds are back .. by picking up retail exits
yesss....nampak macam tu...hmmm:hmm: Hmm...
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Post by peanut Mon 23 Sep 2013, 18:17

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Post by Cals Tue 24 Sep 2013, 01:34

Market Close KLCI slips below 1,800 on profit taking
Business & Markets 2013
Written by Cynthia Blemin of theedgemalaysia.com
Monday, 23 September 2013 17:42

KUALA LUMPUR (Sept 23): The FBM KLCI ended 5.47 points or 0.3% lower. Fund managers said the losses came on profit taking following gains in the index last week.

At 5pm today, the KLCI settled at 1,796.36 points. This came on losses in stocks like CIMB Group Holdings Bhd and UEM SUNRISE BHD [].

The KLCI had earlier fallen to an intraday low of 1793.28 points.

Across Bursa Malaysia, 2.14 billion shares worth RM1.782 billion changed hands. There were 358 gainers versus 390 decliners.

The top gainers included PETRONAS DAGANGAN BHD [] and HARTALEGA HOLDINGS BHD [] while BRITISH AMERICAN TOBACCO (M) [] Bhd and UMW HOLDINGS BHD [] led decliners.

THE MEDIA SHOPPE BHD [] was the most-actively traded counter.

Areca Capital CEO Danny Wong told theedgemalaysia.com that some investors started dumping their shares today after the FBM KLCI rose to hit above the 1,800-point level last week.

Last Friday, the KLCI rose 8.92 points or 0.5% to close at 1,801.83.

Within Asia today, Hong Kong’s Hang Seng fell 0.56% after trading resumed from 1pm. Trading in the morning session was cancelled due to typhoon. Singapore's Straits Times declined 0.72%.

Financial markets in Japan were closed for a public holiday. Trading in the Nikkei will resume tomorrow.

Reuters reported that most Asian markets slipped on Monday as a soft lead from Wall Street and renewed concerns about the Federal Reserve's policy stance took the shine off an upbeat survey on China's manufacturing sector.

The preliminary HSBC Purchasing Managers' Index (PMI) for China climbed to 51.2 in September, from August's 50.1, with 10 out of 11 sub-indices up in the month. Dealers had looked for a reading of around 50.9.

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