MALAYSIA MARKET - END OF THE DAY

SIMULATION PORFOLIO (OCTOBER/08)
COMMENCED: OCTOBER 1, 2008					CAPITAL: 100,000						VALUE:	102,842.85
DAILY TRANSACTION
D/PUR	STOCK	QTY	PRICE	FEE	TOTAL	D/SOLD	QTY	PRICE	FEES	TOTAL	G/L	D.DATE
112608	KNM	10,000	0.5200	29.40	5,229.40							12/4
				TOTAL	5,229.40			LAST ACCUM. G/L			2,842.85
SHARES IN HAND												CASH
111108	Scomi	20,000	0.4400	48.60	8,848.60
111808	MKLand	70,000	0.1507	58.47	10,607.47
112008	KNM	50,000	0.5700	156.25	28,656.25
								TATOL		0.00
	TOTAL SHARE VALUE:				48,112.32			GRAND TOTAL G/L			2,842.85	54,730.53

 

Conclusion: Asian stock markets mostly lower after advancing for few days. Japan was down by 1.35%, Singapore 2.44% but Hong Kong up 1.59%.

KLCI was dragged by numbers of major stocks such as Sime, Genting and Resort. Sime plummeted by 75 sen after announcing its loss forecast.  KLCI ended at its lowest point at 848.43 lost 17.71 points. It is expected the Index will go down further to 841 before any technical rebound. But, still, tonight’s US market will play a big role in the Index movement.

Today, market sentiment was very bad with MSO falling from the starting hour to almost the end. Only the last minute buying that lifted the indicator from -170.37 to -143.90. Fortunately, total volume was only 396 mln. The light volume should also be affected by the new Bursah Trading System which showed some messy through out the whole session.

Meantime, stocks in Europe were dropping and US Index future fell.