Down day for KLCI.

Lost 7.96 and settled at 1240.87

KLCI dropped 9 points and settled at 1231.87

KLCI up 2.44 today and closed at 1234.31

It picked up so much in the second half. A great fall in the first fall.

KLCI up by 11.33 and closed at 1245.64

2 days left before KLCI is closed for long CNY weekend.

Sentiment on KL market buoyant

PETALING JAYA: With the US, Japan and Singapore stock markets charting new highs in the past few days, sentiment on the local bourse appears to be buoyant as foreign funds continue to pour into Malaysian stocks.

The Kuala Lumpur Composite Index (KLCI) rose 11.3 points, or 0.9%, to 1,245.6 yesterday driven by big gains in index-linked stocks such as Kuala Lumpur Kepong Bhd (KLK) and IOI Corp Bhd.

KLK put on 70 sen to RM16.50 while IOI rose 20 sen to RM19.80.

Counters related to the Iskandar Development Region also attracted strong buying interest. UEM World Bhd's share price advanced 48 sen to RM3.96 while unit UEM Builders Bhd surged 7.8% to RM2.07. Ekovest Bhd rose 11.6% to RM2.51 and Tebrau Teguh Bhd jumped 26.6% to 90.5 sen.

The Second Board Index rose 1.1 points to 97.6.

Gainers outnumbered losers 804 to 215 with 185 counters unchanged. Trading turnover hit a record high of 2.8 billion shares worth RM3.4bil.

On Tuesday, the Dow Jones Industrial Average rose 0.8% to 12,654.85 points, Standard & Poor's 500 Index improved 0.8% while the Nasdaq Composite Index was up 0.4%.

Japan's Nikkei 225 closed at an almost seven-year high of 17,752 points yesterday. The Singapore Straits Times Index reached an all-time high of 3,236.6 points on Feb 7.

OSK Securities head of research Kenny Yee said the regional bourses were seen as "liquidity markets" given the huge inflow of foreign funds.

"Fundamentally, we are doing quite well in terms of corporate earnings, transformation exercises as well as merger and acquisition activities. Corporate Malaysia is finally showing results," he said, noting that the market could easily pass 1,300 points.

Another head of research concurred, saying "it is high time Malaysia catches up" with its regional peers after lagging behind for years. "We have a lot of good news and the right audience. The interest from foreign funds continues to build up. The question now is what could derail the market" he said.

Elsewhere, the share prices of companies with stockbroking operations like ECM Libra Avenue Bhd, TA Enterprise Bhd and OSK Holdings Bhd also improved on expectation that they would benefit from the heavy trading volume.

ECM added 8.5 sen to 96.5 sen, TA improved 6 sen to RM1.40 while OSK increased 21 sen to RM2.69.

On whether a "bubble" could be expected, the head of research said while the local market was trading at a premium over its peers, the gains were not as excessive as during the pre-crisis years.

CMS Dresdner Asset Management Sdn Bhd chief investment officer Scott Lim said the positive changes in the country had resulted in many foreign funds wanting "to put money in Malaysia."

"If the whole world is doing well, we shouldn't be doing worse. After all, we went through 10 years of not-so-good times," he added.

For latest Bursa Malaysia indices, charts and other information click here

Source: The Star Online
URL: http://biz.thestar.com.my/news/story.asp?f...20&sec=business

KLCI rose 12.99 and closed at 1258.63

Mine is from KLSE website and it's closing data. His is should be lunch break data.

Should be Monday and Tuesday (Malaysian calendar).

KLCI closed at 1257.75 after dropped 0.88 to end the Year of Dog.

Sorry guys, it was a mistake. Maybe it's a cached information when I accessed KLCI website.

PM is hoping that KLCI will reach new peak at 1350. What you guys think?

KLCI soars to a 13-year high

KUALA LUMPUR: It's a bullish start to the Year of the Boar on Bursa Malaysia.

The Kuala Lumpur Composite Index (KLCI) soared to a 13-year high Wednesday as investors returned in force after the festive holiday to lift the benchmark 16.13 points to 1,278.22.

The broad-based rally also pushed the combined value of all stocks on the bourse to above RM1 trillion.

Two months ago, the combined value of all stocks was around RM870bil.

The buoyant stock market has been a key ingredient in the build-up of the "feel good" economic data in recent weeks, such as record manufacturing approvals of RM46bil last year and total trade exceeding RM1 trillion last year.

The bullish market has lifted shares of brokerage firms as investors believe that these companies will benefit the most from the sharp increase in trading activity.

"The buoyant mood in the market is driving up prices," a dealer at a local brokerage said, adding that retail participation in the market was growing, as reflected by the sharp increase in trading volume in recent weeks.

Total turnover hit 4.7 billion shares Wednesday, a new high.

The previous record volume was 3.54 billion shares last Thursday.

Penny stocks and low-priced warrants saw brisk trading - an indication of retail participation - with the top 10 most active counters clocking a combined volume of more than one billion shares.

The buying frenzy saw rising stocks overwhelming decliners by 975 to 131 with 101 counters unchanged.

Bursa Malaysia Bhd shares gained 50 sen to a new high of RM12.10. The exchange operator derives the bulk of its income from clearing fees on share trading activities.

Analysts expect that the rising corporate earnings and improved outlook on the economy will help support stocks valuations on the local bourse.

They said the KLCI was now within striking distance of its all-time closing high of 1,314 points set on Jan 5, 1994.

The KLCI's best historical level was 1,332 points hit on the same day.

Also Wednesday, Malayan Banking Bhd - the nation's biggest bank - posted a 24% increase in net profit in the second quarter ending Dec 31.

Top companies like Malaysia Airlines System Bhd and Telekom Malaysia Bhd are expected to release their results by the end of this month.

KLCI closed 1.70 lower today at 1276.52

KLCI up 6.95 and closed at 1283.47

KLCI dropped 10.60 today and ended the day at 1272.87

This post has been edited by David83: Feb 26 2007, 07:04 PM

KLCI dropped 35.79 today and closed at 1237.08

That's a huge drop. It dropped 50 points plus at 4 to 4.30pm

To have CI plunge, it'll be bad to our economic growth.

I rather to see it up and down momentary.

This post has been edited by David83: Feb 27 2007, 08:49 PM

Regional sell-off on China fears

KUALA LUMPUR: The KL Composite Index plunged in tandem with regional markets on what equity researchers say could be due to investment tightening measures imposed by foreign governments as well as interest rates increases.

However, the Bursa staged a strong late recovery, possibly due to late institutional support, to close 35.79 points lower at 1,237.08, or 2.81%, after having recorded a massive 53.24-point plunge only about 13 minutes earlier at 4.47pm.

Regional bourses did not fare any better, with the Shanghai and Shenzhen bourses of China the biggest losers with 8.84% and 8.54% decreases respectively, while Singapore's Straits Times Index recorded a 2.29% slide.

In a random survey, most equity researchers and fund managers believe the strong fundamentals of the Malaysian economy would lend support to the share market. However, StarBiz technical chartist G.M. Teoh said there could be more drastic downside.

Hong Kong's Daiwa Asset Management Ltd fund manager Mona Chung told Bloomberg that investors could be worried that China might impose tightening measures on illegal investments that have driven benchmarks to records, while China National People's Congress vice-chairman Cheng Siwei had earlier this month warned of stock market "bubbles."

The biggest loser yesterday on the local market was Bursa Malaysia with a RM1.10, or 9.2%, drop. Other top losers included Genting Bhd, Batu Kawan Bhd and IJM Corp Bhd.

Losers crushed gainers by 1,157 to 42, with 60 counters remaining unchanged.

Among the top gainers were newly listed H-Displays (MSC) Bhd, KFC Holdings (Malaysia) Bhd and MISC Bhd.



Source: The Star Online
URL: http://thestar.com.my/news/story.asp?file=...=nation&focus=1

It's climbing up ... dropped 60++ now.