KLCI closed up five points or 0.29% to 1,749.05. Turnover was 1.511 billion shares valued at RM1.665bil. There were 281 gainers, 541 decliners and 247 counters unchanged.

Reuters reported a holiday hush settled over Asian markets on Tuesday after Wall Street closed at historic highs while oil prices recouped just a little of the losses suffered when Saudi Arabia quashed all thought of curbing supply.

Equity investors chose to focus on the benefits that falling fuel prices would have for consumer spending power, it said.

Hapi Holiday everyone & Merry Christmas!

sleep time

so damn true

apa lagi lu mau

This post has been edited by nexona88: Dec 26 2014, 05:55 PM

confirm panic sell on AirAsia. Maybe limit down?

The FBM KLCI inched 3.97 points or 0.23% higher today to close at 1768.41 points as oil prices remain sluggish and the ringgit remains at weak levels with 1.25 billion shares valued at RM1.33 billion traded.

There were 343 gainers against 376 decliners, while 286 counters remained unchanged.

A dealer with a local bank told that the market is seen as trading sideways, neither experiencing a significant uptrend or downtrend as oil prices remain sluggish and the ringgit remains at weak levels.

He added that the holiday period is also another factor as to why there was no leading indicator to move the market.

TA Securities technical analyst Steven Soo said the stockbroking firm is maintaining its year-end target for the KLCI at 1810 points, but added that they believe the market may face resistance at 1,778 points or 1,806 points.

1 pages pun tak lepas.. where's everyone

RIP to AirAsia QZ8501 passengers. Bodies are being found

macwin88 me too.. pls donate if u already donwan the book.

poorfag here

Brent hits 5-1/2-year low below $57 as supply glut weighs

MPOB: Floods to hit palm oil output in December by up to 20% to 1.4 million tonnes in December from 1.75 million tonnes last month.

Crude palm oil (CPO) stockpiles in November stood at 2.27 million tonnes, and is expected to decline to 2 million tonnes by the year-end.

Foreign investors were net sellers at RM2.83 bil in Dec 2014, the largest monthly net sell since January's RM3.6 bil. Foreign Investors net sell until Dec 26 is RM6.8 bil. Domestic Institutions were net buyers at RM10.2 bil, absorbing also net sells from Local Nominees (RM2.48 bil) & Local Retailers (RM1.23 bil).

FBM KLCI closed 8.48 points or 0.48% lower on the first day of trading in the new year at 1,752.77, as Brent crude continues to trade at sluggish levels of US$57 per barrel, while the ringgit slid to 3.5165 against the greenback, down 6.9% from a year ago when it was at 3.2889.

Overall, 1.08 billion shares valued at RM921.65 million were traded during the day.

Market breadth was mixed, with 394 gainers against 312 decliners, while 286 counters remained unchanged.

Rumor having seen Amber appeared to accompany Public Bank's founder & CEO, Tan Sri Teh Hong Piow very frequently in the evening, after 5pm, the normal working hours, at the Menara Public Bank.

They were walking together very intimately with Amber hands tightly on Teh's arm. Knowingly, at the top of Menara Public Bank is Teh's private penthouse unit.

This was seen before Amber has achieve stardom and it was seen by many of the Public Bank's staff leaving the building after working. One can simply imagine they were talking more than business, by the way they walk together, by the time of the hours they meeting up and by the frequency of meetings. Also, by the many opportunities given by Teh to Amber to help her along her modeling career, it is more than just indication that Amber is having extra-marital affair with Teh.

With Amber now happily and publicly married and pregnant, news like this will not surface on mainstream media."
SOS Panas

then who else went up?

sharing is caring

Oil prices dropped to fresh 5-1/2-year lows on Monday as worries about a surplus of global supplies and lacklustre demand dragged on oil markets.

Ringgit declines to five-year low as demand for dollar increases. The ringgit depreciated 0.5 percent to 3.5338 a dollar in Kuala Lumpur after last week’s 0.7 percent loss, according to data compiled by Bloomberg. It touched 3.5452, the lowest level since September 2009.

1MDB US$3bil bond due 2023 MY090608517= moved out 55 bps to 310/290 bps over US Treasuries, the widest since its issuance in March 2013. In price terms, it is down about 5 points.

Debt-ridden investor has failed for second time to pay RM2bil (about US$563mil) loan to local banks due end of December.

The illiquid bond carries letter of support from government whose strong wording qualifies it under the guarantee criteria, allowing a rating at par with sovereign.

"Everyone knows the government will step in, but still a lot of headline risk, and with Kaisa issue, the market doesn't really need another missed coupon," says a Hong Kong-based trader

"The extension of 1MDB's debt should not be taken as a sovereign default because it is a separate entity, even though it is sovereign-backed," says Takahira Ogawa, Standard & Poor's analyst.

Malaysia's finance ministry has asked government-linked companies (GLCs) and statutory bodies to temporarily halt purchases of foreign assets, in response to falling commodity prices and in a bid to contain capital outflows.

According to the ministry, affiliated companies would need to "review their investment policies to support the government's initiative to boost the domestic economy".

Analysts say the move should help the country deal with capital outflows.

"It's not just them reducing or preventing the GLCs from investing outside. Maybe some assets could also be brought back home as well," Nomura Holdings' Southeast Asia economist Euben Paracuelles said.

agreed. Something is not right.
No wonder I heard someone mention that 1USD=RM4 tis month