Asian shares were mixed Wednesday, as investor sentiment remained cautious amid the continuing stalemate over raising the U.S. debt ceiling.
Local sentiment turned cautious again with the Intra-day Oscillator seen swaying up and down along the neutral level. However, last few minutes buying lifted it to end at its day-high at +147.75; gained 136.77 when compares with its starting point. The Average recorded a gain of 44.38.
At the end of the day, %K(yellow) of MSCD recorded as -126.63 (+31.08), %D(red) -135.17 (+14.37) and the Histogram -6.16 (+3.68). Both indicators edged higher and the Histogram printed another shorter negative bar to complete its round bottoming.
MSCD shows that overall market sentiment was cautiously optimistic with investors nibbling on Smallcaps and low-liners.
FLASH (Bursah)
YUNKONG net profit decreased to RM0.87 million in the second quarter ended May 30, 2011 from RM4.94 million a year ago.
FAVCO announced that its wholly-owned subsidiary had received purchase orders or Letter of Intent worth approximate combined value of RM79.3 million in the month of July 2011.
ANCOM net profit increased to RM4.37 million in the fourth quarter ended May 30, 2011 from loss of RM0.26 million a year ago.
NYLEX net profit increased to RM7.28 million in the fourth quarter ended May 30, 2011 from RM4.71 million a year ago.
Local sentiment turned cautious again with the Intra-day Oscillator seen swaying up and down along the neutral level. However, last few minutes buying lifted it to end at its day-high at +147.75; gained 136.77 when compares with its starting point. The Average recorded a gain of 44.38.
At the end of the day, %K(yellow) of MSCD recorded as -126.63 (+31.08), %D(red) -135.17 (+14.37) and the Histogram -6.16 (+3.68). Both indicators edged higher and the Histogram printed another shorter negative bar to complete its round bottoming.
MSCD shows that overall market sentiment was cautiously optimistic with investors nibbling on Smallcaps and low-liners.
FLASH (Bursah)
YUNKONG net profit decreased to RM0.87 million in the second quarter ended May 30, 2011 from RM4.94 million a year ago.
FAVCO announced that its wholly-owned subsidiary had received purchase orders or Letter of Intent worth approximate combined value of RM79.3 million in the month of July 2011.
ANCOM net profit increased to RM4.37 million in the fourth quarter ended May 30, 2011 from loss of RM0.26 million a year ago.
NYLEX net profit increased to RM7.28 million in the fourth quarter ended May 30, 2011 from RM4.71 million a year ago.
Constructed and Written by Smartbiz
(Note: You can read the explanation for Intra-Day MSO and MSCD from the achieves under heading "Labels" at the lower portion of the sidebar.)
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