KUALA LUMPUR: Bank Negara Malaysia has raised the Overnight Policy Rate (OPR) by 25 basis points to 2.25% at its monetary policy committee (MPC) meeting on Thursday, March 4.

"The floor and ceiling rates of the corridor for the OPR are correspondingly raised to 2% and 2.50% respectively," it said.

This has been a bad week. Most shares dropped to lowest levels even if they made profits. What is happening? Is this normal for month of March? When this selling pressure will stop?

What's the impact on this tomorrow ? Banks will rise & every out stock will dip as cost of borrowing increases ?

Sold my contract at 1284, after deducting commission, earned around RM450... Hm....

i wonder would there be a mild correction after risen for 90 points.

This post has been edited by debbieyss: Mar 4 2010, 08:54 PM

The news is more or less expected, don't think got big impact.

Yes, I would think it is more or less factored in.

If you use Australia as a Model, then increasing the interest rates ( twice ) attract more money flowing into their country.

The demands for their properties could touch 1Billion a month.

Malaysia may not be able to compete with Australia, but at least we could slow down the outflows of funds let say to Australia ( just to give an example ).

The local political factor also plays an important role. Australia may stand above Asians in term of political stability.

This post has been edited by SKY 1809: Mar 4 2010, 09:51 PM

Anyone can share out the latest entitlements from the KLSE website in which I can print out?

http://www.klse.com.my/website/bm/market_i...ntitlements.pdf

This one cannot print out. Already locked

You are fast, I just got it from bursa...

Yours can print out?

ehh sry.. did i link the wrong one.. how come they put in entitlements since a decade ago??

i was like "OMG!!!! i missed boat!" when i saw PANAMY on the first page..

hmm yeah they locked it, cannot print.. need to use pdf unlock utility.. a bit troublesome..

I dont print. I just take note to my own file

Like this problem la. I want to highlight the div which will be coming in soon

If FBM KLCI followed asian markets today would have been the day for mild correction.

Well. What to do, our markets live in its own world seperated from the world, 1Najib 1KLCI.

finally i understand what is BI =.=

bonus issue...

thanks for sharing the link! very informative!

The probable scenario,
Bank will quickly raise BLR as fast as tomorrow, but slow on deposit rate.

Another scenario, BLR being raised 0.25%, while deposit rate up 0.1%.

That's why lately, a lot of bank come out with 3-5 years structured product, FD, try to secure customer deposit at existing rate.

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Added on March 4, 2010, 11:33 pmI don't like BI, especially those odd ratio one which create some odd lot one,
I prefer hard real cash (dividend).

This post has been edited by cherroy: Mar 4 2010, 11:33 PM

Errrmm...probably the counters you are monitoring....
Supermax, HaiO, Zhulian, Parkson, Axiata, have been going up wat....

This one can print out

http://www.sendspace.com/file/zhkuhs

This post has been edited by StupidGuyPlayComp: Mar 5 2010, 07:37 AM

kamxiaaaa