Potential consolidation. Yesterday, encouraged by the Dow's 93-point overnight gain, the FBM KLCI rallied another 18.47 points to close at another record high of 1551.89 points. Market breadth was decidedly positive, with 637 gainers against 233 losers. Overnight, the Dow inched up marginally by 20 points but the FTSE rallied by 1.9% while other European bourses rose marginally. Commodities suffered a sell-off last night, with crude oil falling by USD2.35 per barrel to USD89.20. Most other commodities were also lower but the biggest losers were metal, with gold falling 3% and silver, 5%. There was little in terms of news, but with overseas market holding up, the upward momentum should continue to carry local stocks higher in the morning session although profit-taking could set in subsequently after 2 straight days of strong gains.
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Penginapan percuma hanya untuk penyertaan dua segmen di Pusat Latihan PUABUMI Kemaman, Terengganu sahaja...
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Destinasi Seminar
Pakej Eksklusif Istimewa ~ Seminar Jutawan Saham dan CPO siri ke 3 adalah pembuka untuk tahun 2011 ini di Pusat Latihan PUABUMI pada 8hb dan 9hb Januari 2011
Seminar Jutawan Saham & CPO akan berada di Santuary Resort Cherating pada 15 Januari 2011 ( segmen ekuiti ) dan 16 Januari 2011 ( segmen CPO )
Kem Pelaburan PUABUMI II akan berada di Hotel Midah Kuala Lumpur pada 13 Ogos 2011 ( segmen CPO ) dan 14 Ogos 2011 ( segmen Ekuiti )
Seminar Jutawan Saham & CPO akan berada di Suria City Hotel, Johor Bahru pada 29 Januari 2011 ( segmen ekuiti ) dan 30 Januari 2011 ( segmen CPO )
Wednesday, January 5, 2011
Technical View
Potential consolidation. Yesterday, encouraged by the Dow's 93-point overnight gain, the FBM KLCI rallied another 18.47 points to close at another record high of 1551.89 points. Market breadth was decidedly positive, with 637 gainers against 233 losers. Overnight, the Dow inched up marginally by 20 points but the FTSE rallied by 1.9% while other European bourses rose marginally. Commodities suffered a sell-off last night, with crude oil falling by USD2.35 per barrel to USD89.20. Most other commodities were also lower but the biggest losers were metal, with gold falling 3% and silver, 5%. There was little in terms of news, but with overseas market holding up, the upward momentum should continue to carry local stocks higher in the morning session although profit-taking could set in subsequently after 2 straight days of strong gains.
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