Khazanah Nasional Bhd has so far pumped in RM1 billion into equity investment firm ValueCap Sdn Bhd to help shore up the market, its Managing Director, Tan Sri Azman Mokhtar said.

"A billion has gone in (so far). They don't need the whole amount in one shot. So they will progressively draw down on those commitment," he said at the 12th Khazanah Annual Review here, Wednesday.

Top volume Tiger start practicing hunting skills today?

Malaysia is relatively in a far better financial position than countries such as Venezuela, Nigeria, Iran and Russia whose revenues have been adversely affected by the plunge in crude oil prices.

Its diversified economy, the Goods & Services Tax (GST) and rationalisation of subsidies have provided a certain amount of cushion in revenue contribution, economists said.

Brisk domestic demand coupled with greater private investments locally and contributions from the manufacturing, construction, agriculture as well as the services sectors including tourism also lent to the nation's coffers, they said.

The World Bank says Malaysia is a country with limited dependence on fuel commodity exports compared with other countries such as Algeria, Kuwait, Sudan and Venezuela where exports are at or exceed 80 per cent.

Affin Hwang Investment Bank Vice-President and Retail Research Head Datuk Dr Nazri Khan Adam Khan said falling oil prices have had a great impact on major oil producers such as Saudi Arabia which rely on petroleum for 70 per cent of its revenue as well as Nigeria, the largest oil producer in Africa.

However, Malaysia was no longer a significant oil producer with the government's effort to lessen its dependence on oil revenue.

The country has moved more towards non-oil revenue with the implementation of GST, among others, helping to partially mitigate the effect of oil volatility.

Another sad day for Bursa as DJIA tumble 364 or 2.2%

DJIA tumble 390 or 2.4%
Another sad week ahead for Bursa

Read in the paper than more than 65% of the stocks in the USA have dropped by 20%. This is not reflected in their indexes, DJ etc as the indexes are based on selected companies.

Like to know how are majority of the KLCI companies doing? Same, better or worse than what KLCI is saying?

Is there an indicator for these companies not in KLCI index list?

Thanks.

Potential IPOs in 2016

Today macam first day of pre-CNY sales haha

Easy to see which are the strong counters and those over-hyped kena whacking kao kao now.

CIMB and Affin getting lower and lower >_<
HHGroup getting back close to the same price before all gungho-ness.
IFCA getting close to its previous sell down.
A big bulk of Oil & Gas counters seem to be heading towards Aug'15 prices.
REITs only a few counters are affected.

Did u goes for shopping today?

Sibuk kerja la.
Didn't monitor the market much. Just let Mr Market do it's red and green magic.
There might be better offers in the next few days or weeks ahead. No hurry.

at least today more green counter than RED underwear yesterday

My Rubbish Stock got jalan today..not bad

This post has been edited by SKY 1809: Jan 19 2016, 05:05 PM

Lol. Just buy good fa stocks . Hold it for yrs gain hundreds % returns. Accumulate more when drop and lower.

Better than FD, or property nowadays

Crazy stuff.


screen shot on pc

hi, newbie here. want to ask. for klse got software like mt4? got real time price feed and multiple time frame. I use chartnexus, the time frame only 1day,1week,1month. Got other alternatives with shorter term time frame? for example 1h, 30m, 15m 5m?

Free software so far I find none..
Paid version got is bursa station

Boring day ahead...

i see. i see. thanks for the info.
too bad bursa station dont have trial version

i tried before bursa station trial by sending them an email requesting for it

wat happen to hong kong index
down 700++ points