MALAYSIA MARKET - END OF THE DAY

SIMULATION PORFOLIO (OCTOBER/08)
COMMENCED: OCTOBER 1, 2008					CAPITAL: 100,000						VALUE:	100,732.24
T+3 TRANSACTION
D/PUR	STOCK	QTY	PRICE	FEE	TOTAL	D/SOLD	QTY	PRICE	FEES	TOTAL	G/L	D.DATE
111108	Scomi	20,000	0.4400	44.60	8844.60							11/14
								TOTAL G/L			0.00
								LAST ACCUM. G/L			732.24
SHARES IN HAND												CASH
102808	IOI	2,000	2.1000	23.90	4223.90
110708	IOI	2,000	2.9400	31.46	5911.46
	TOTAL SHARE VALUE:				10,135.36			GRAND TOTAL G/L			732.24	90,596.88

 

Conclusion: Asian markets mostly down sharply with Japan fell by 5.25%, Hong Kong 5.15% and Singapore 1.60%.

KLCI finished at 880.59 lost 9.75 or 1.10%. The overhead resistances are 888 then 893, supports are 873, 868.

MSO shows market sentiment is still steady with buying supports emerged whenever stocks were down. Today’s lowest reading is -419.07, also the starting point, and -293.04, the closing reading. Due to last minute buying, volume increased from 1.33 mln to 2.18 mln per minute within the last half an hour trading.

However, with global markets recorded losses everyday, it is doubtful whether or not market sentiment can be sustained.