China's securities regulator on Friday said it is investigating the impact of automated trading on the market, as Beijing intensifies pressure on its financial industry in the wake of a share-price plunge.

The China Securities Regulatory Commission (CSRC), in an announcement on its official microblog, also said it had restricted 24 stock trading accounts for suspected irregularities, including abnormal bids for shares and bid cancellations that might have impacted wider market performance.

today up up & away...need to cash out...   RM15,000 profit..

Wow, u got crystal ball ahh..

Still holding KGF?

MYR hit 3.83XX level

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Ringgit drops most in four weeks as factory PMI clouds outlook

(Aug 3): The ringgit weakened by the most in four weeks as data pointing to a contraction in Malaysia’s factory output dimmed the outlook for an economy reeling from falling oil prices and a political scandal.

URL: http://www.theedgemarkets.com/my/article/r...-clouds-outlook

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Mazlan CGPA! 

I recalled earlier of the year or perhaps qtr4 of 2014, our KLCI PER hit 17.XX to almost 18.00 which is unprecedented. Our average 5 year PER is around 15.00.

Again, this is what regression to the mean means. What goes up will eventually regress to the mean and what went down will regress towards the mean. Sometimes, it may not be immediate and there is a lag time because KLCI operates in a semi-efficient market environment.

KLCI has made me to sit up and take notice of her again... if it continue to slide below the average PER, I will slowly nibble on KGF.

Xuzen

China devalued RMB again today:

The People's Bank of China set the yuan fixing at 6.3306 against the U.S. dollar on Wednesday, 1.6 percent weaker than the previous day's level.

URL: http://finance.yahoo.com/news/wall-street-...-093543936.html

Time to buy some

"If the FOMC (Federal Open Market Committee) acts in September, there is a good possibility that it will in December as well," said economist Terry Sheehan of Stone & McCarthy in Princeton, New Jersey.

Shanghai Composite -6.15%
China – Market closed

Hang Seng -1.47%
Hong Kong – Market closed

Nikkei -0.32%
Japan – Market closed