Hi may I know why EPF acquires then dispose in the same time? For example they acquire 507,300 of share later then dispose 350,000. Why not acquire 157,300 in the beginning? I hope my question makes sense. Thank you.


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ask EPF fund manager..he know the best

EPF monies are not handled by only one fund manager.

different fund managers are buying/selling/maintaining their portfolio all the time. but they are all under "Employee Provident Fund Board".

so i hope you get what i mean.

In addition to the previous reply stating there are many fund managers from different companies handling EPFs investments, EPF and GLICs and other major mutual funds have an unwritten mandate to provide liquidity to the market. Meaning, even the same EPF fund manager may be buying and selling Tenaga Nasional throughout the day to provide market liquidity and to prop up the transaction volume. However this is mainly done for the KLCI stocks only because it is the bellweather index for our country.

Possible scenarios:

1. Fund Manager A (working for EPF) buys some shares based on his team's research.
Then a little later.
2. Fund manager B (also working for EPF) sells some shares based on his team's research.

OR

Fund manager A buys some X company shares based on his team's research.
Then a little later.
The same Fund Manager A saw a better opportunity in Y company, but ran out of allocated margin, so he decided to sell some of X shares to buy Y shares.

and EPF got foreign trading account to buy too

Thank you for the clarification.

Always check the world news, part of it is mainly due to conflict between NK and US

Anyone shopping at this scary time?

i did and still fishing

Yes, I read it after that. Thanks.

All red. Not going into any atm.

Hopefully this week will be green.

Anyone having 9946 under their radar?

You meant REX Industry?

Yup.

The FBM KLCI rose 1.31 points or 0.1% after North Korea indicated it would postpone plans to launch a missile near US territory Guam. Asian shares gained after US equities rose overnight on the news.

At Bursa Malaysia, the KLCI closed at 1,772.39 points at 5pm after falling to its intraday low at 1,768.76 points. As US-North Korea geopolitical tension ebbs, analysts said investors in Malaysia had also noted Lotte Chemical Titan Holding Bhd share gains.

“Some heavyweight counters, particularly Lotte, had also lifted market sentiment,” Hong Leong Investment Bank Bhd retail research head Loui Low Ley Yee told theedgemarkets.com.

Lotte Chemical Titan shares rose 42 sen to close at RM5.12 to become Bursa Malaysia's third-largest gainer.

Across Bursa Malaysia, gainers outpaced decliners 480 to 306 respectively.

The bourse saw a volume of 1.8 billion shares valued at RM1.795 billion traded.

Across Asian share markets, Japan’s Nikkei 225 closed 1.1% higher while Hong Kong's Hang Seng erased gains to end 0.28% lower. South Korea's Kospi was closed for the Liberation Day holiday.

Reuters reported that Asian shares rose and the dollar rallied on Tuesday after North Korea's leader signalled that he would delay plans to fire a missile near Guam, easing tensions and prompting investors to move back into beaten-down riskier assets.

It was reported that US stocks recovered further on Monday from last week's selloff, with the S&P 500 posting its biggest one-day percentage gain since April as worries eased about a conflict between the United States and North Korea.

Source

The FBM KLCI rose 1.36 points or 0.1% as the geopolitical tension between the US and North Korea receded. The KLCI erased losses after falling with index-linked plantation shares.

At 5pm, the KLCI closed at 1,773.75 points after falling to its intraday low at 1,771.6 points.

“The market today is quite flat, no local catalysts in sight except for more corporate results coming in [within these two weeks]...also markets seem to have calmed down from the US and North Korea tensions earlier,” JF Apex Securities Bhd senior analyst Lee Cherng Wee told theedgemarkets.com.

Reuters reported that the dollar hoarded hefty gains on Wednesday after strong US retail sales revived the chance of another Federal Reserve rate hike this year, while Asia stocks inched ahead as tensions in the Korean peninsula went off the boil.

It was reported that North Korean leader Kim Jong Un has delayed a decision to fire missiles towards Guam while he waits to see what the United States does, as Washington said any dialogue was up to Kim.

At Bursa Malaysia, the KLCI fell earlier as investors sold plantation shares on news Malaysian crude palm oil (CPO) futures dropped more than 1% today. Malaysian CPO had tracked overnight soyoil losses on the Chicago Board of Trade as both commodities are substitutes to each other.

CPO's price drop had an apparent impact on Malaysian shares as plantation companies topped Bursa Malaysia decliners. United Plantations Bhd shares topped decliners followed by Genting Plantations Bhd warrants.

Source

i'm still learn about this..huhu

Which stock worth investing now??