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
112408	Zelan	10,000	0.8000	43.00	8,043.00	112708	10,000	0.8125	44.56	8080.44	37.44	11/27
112608	KNM	20,000	0.5425	54.83	10,904.83							11/29
112608	MKLand	20,000	0.1450	16.05	2,916.05							11/29
				TOTAL	21,863.88			LAST ACCUM. G/L			2,290.96
SHARES IN HAND												CASH
111108	Scomi	20,000	0.4400	48.60	8,848.60
111808	MKLand	50,000	0.1530	47.92	7,697.92
112008	KNM	30,000	0.5833	96.75	17,595.75
112108	IOI	2,000	2.8300	31.47	5,691.47	112708	2,000	3.1200	34.08	6,205.92	514.45
								TATOL		6,205.92
	TOTAL SHARE VALUE:				33,627.82			GRAND TOTAL G/L			2,842.85	69,215.03

 

Conclusion: Asian stock markets except Singapore were mostly up. Japan was up by 1.95% and Hong Kong 1.31% but Singapore lost marginally at 0.04%. Korea advanced another 3.27%.

Local market traded with moderately optimism with KLCI capped by its resistance around 870. The Index closed at 867.47 gained 11.10 or 1.30%. Its supports are now at 861 then 855 and resistances 870, 877.

Market sentiment remained cautious but volume increased significantly from yesterday’s 466 mln to 706 mln.  

MSO lay low most of the time after sinking from its high +259.06 and settled at +190.89. But, its 5-Days Average cut decisively through its 50-Days Average after today’s market performance. This indicated that market sentiment is firmer now after been loomed by market volatilities for a long period.

Meantime, European stocks rose as investors speculated government efforts to shore up banks and the economy will support profits. U.S. markets closed for the Thanksgiving holiday.