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Wednesday, November 26, 2008

Malaysia Market - Mid-Day Comments

12:30 Asian stocks continued their upward swing from yesterday with Hong Kong up 3.32% and Singapore 1.03% but Japan down slightly by 0.65% due to down rating of Toyota.

But, local market sank again with KLCI lost 9.46 points or 1.105 and settled at 850.72. It has no clear indication of the falls of the market.

MSO fell deep and settled at -66.33 points.

The flattish pattern will continue this afternoon till some bargaining emerge again before closing.

 

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