21 April 2014 - BC Daily Trading Floor
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21 April 2014 - BC Daily Trading Floor
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April 21st - Stocks To Watch MAHB, Datasonic, Kian Joo, CIMB, UEM Sunrise, CI Holdings, Formosa, Eng Teck
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April 21st - Stocks To Watch MAHB, Datasonic, Kian Joo, CIMB, UEM Sunrise, CI Holdings, Formosa, Eng Teck
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Re: 21 April 2014 - BC Daily Trading Floor
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Cals- Administrator
- Posts : 25277 Credits : 57721 Reputation : 1766
Join date : 2011-09-08
Location : global
Comments : “My plan of trading was sound enough and won oftener that it lost. If I had stuck to it Iâ€d have been right perhaps as often as seven out of ten times.â€
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis
Re: 21 April 2014 - BC Daily Trading Floor
Market close KLCI rises 0.55% on banking stocks, return of funds |
Business & Markets 2014 |
Written by Jonathan Gan of theedgemalaysia.com |
Monday, 21 April 2014 17:20 |
KUALA LUMPUR (Apr 21): The FBM KLCI rose 0.55%, on support from banking stocks and return of foreign funds.
At market close today, the KLCI finished up 10.62 points to settle at 1862.93 after a bullish run, backed by rises in major banking stocks like Malayan Banking Bhd, CIMB Group Holdings and Public Bank.
The exchange saw a total of 2.61 billion shares worth RM1.98 billion changed hands.
The KLCI showed strong bullish momentum today with the exchange staying in positive territory almost the entire day. Gainers outpaced decliners by 523 to 326.
Leading the gainers list was United Plantations Bhd while decliners was headed by P.I.E Industrial Bhd.
PDZ Holdings Bhd was the most actively traded stock.
Choo Swee Kee, Chief Investment Officer of TA Investment Management Bhd, told theedgemalaysia.com that positive news from the U.S helped push the exchange up today.
“Some funds are returning to regional markets due to Yellen’s comments. Though the response from the regional market was muted today, the Malaysian market saw significant gains,” he said.
Choo said the major regional markets might have attracted more attention initially after Yellen’s comments and the effects have trickled down to Malaysia.
Across the Asia Pacific, the Japanese Nikkei fell 0.03% to 14512.38 while the South Korean Kospi fell 0.25% to 1999.22
Reuters reported that Asian stock markets were subdued on Monday, as tensions in Ukraine kept investors cautious amid an absence of catalysts as several markets remained closed for the Easter holiday.
Tensions in Ukraine, signs of slowing growth in China and uncertainty over when the U.S. Federal Reserve would start to tighten interest rates have buffeted global markets in recent weeks, although Fed Chair Janet Yellen's dovish comments last week helped soothe some nerves.
Cals- Administrator
- Posts : 25277 Credits : 57721 Reputation : 1766
Join date : 2011-09-08
Location : global
Comments : “My plan of trading was sound enough and won oftener that it lost. If I had stuck to it Iâ€d have been right perhaps as often as seven out of ten times.â€
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis
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