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Showing posts from February, 2009

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Market Daily Report: Bursa Malaysia Ends Lower as Investors Eye US Data, BOJ Decision

KUALA LUMPUR, Dec 5 (Bernama) -- Bursa Malaysia closed lower on Friday amid mixed regional market performance as investors turned cautious over a possible rate hike by the Bank of Japan (BOJ) and upcoming US economic data that may influence the Federal Reserve’s (Fed) interest rate decision next week.   At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) pared most earlier losses to settle 4.55 points easier, or 0.28 per cent, to 1,616.52 from Thursday’s close of 1,621.07. The benchmark index, which opened 0.37 of-a-point lower at 1,620.70, moved between 1,609.67 and 1,621.25 throughout the day.  The broader market was negative, with decliners outpacing advancers 604 to 439. A total of 550 counters were unchanged, 1,151 untraded, and 18 suspended. Turnover declined to 3.17 billion units worth RM2.24 billion from 4.48 billion units worth RM2.75 billion yesterday. Rakuten Trade Sdn Bhd vice-presiden...

Are you buying in equities??

Today top story in yahoo finance..... source World market falls as Japan's recession deepens LONDON (AP) -- World markets fell Monday, after new figures showed Japan's economy contracted at its quickest pace in 35 years and a weekend summit of Group of Seven finance ministers provided few concrete proposals to counter the economic crisis. In European afternoon trading, Britain's FTSE 100 fell 0.6 percent to 4,165.31, Germany's DAX sank 0.3 percent to 4,400.23, and France's CAC 40 dropped 0.5 percent to 2,982.16. Trading was subdued as U.S. markets will remain closed for Presidents Day. Japan's worse-than-expected fourth quarter GDP numbers were a sobering reminder of the toll the worst economic downturn in decades is having on Asia's export-driven economies. The world's second-biggest economy shrank 3.3 percent from the previous quarter, or at an annual pace of 12.7 percent. In Europe, financial stocks dragged down markets. In London, shares in Lloyds B...

Automobile Insurance & Auto Maintenance Cost Planning

I plan to write out a bit on the automobile or usually called car maintenance cost planning. This has come into my mind as recently I need to renew my car's road tax, which means that I need to purchase insurance for automobile as well. Well, I believe this is not something new, especially to car owners. But how many of us really know how much to insure our car or how to get the insurance for automobile quote? Most of us will take the easy way out to let our sales agent or friends to settle everything for us. I am one of the as well. Although my sister sort of like settle everything for me, but I, myself also go through the process as well. First, I need to get the auto insurance quote from her colleague based on my car's value in the market. One thing I realize is that the bankers have different valuation system, thus the auto insurance quote that I have is beyond my expectation. I did calculate the auto insurance using auto insurance calculator on some websites but based on ...