MALAYSIA MARKET - END OF THE DAY

SIMULATION PORFOLIO (SMARTBIZ)
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
120208	Dialog	2,000	0.8550	9.70	1,719.70							12/5
				TOTAL	6,949.10			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 higher after Dow gained 270 points last night. Japan was up by 1.79%, Hong Kong 1.36% and Singapore 0.08%.

Malaysia market also boosted by US market’s gains but buying interest was not sustainable. KLCI surged as high as 850.64 but gradually lost strength and fell into negative zone. However, last minute buying pushed the Index back to 847.53 with a slight gain of 1.78 points. KLCI’s overhead resistance will be 855-857 and support at 837.

MSO also depicted weak sentiment and ended at +14.25 after falling as low as -50.77.

Meantime, report shows U.S. futures fell and European stocks were falling.