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Showing posts from February, 2009

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Market Daily Report: Bursa Malaysia Closes Higher On Strong Buying Of Blue Chips

KUALA LUMPUR, Feb 11 (Bernama) -- Bursa Malaysia ended higher today as buying on selected blue chips continued, said a brokerage.   At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 8.85 points or 0.51 per cent to 1,756.39 from Tuesday’s close of 1,747.54. The barometer index opened 3.69 points higher at 1,751.23 before moving as low as 1,745.51 in early trade to as high as 1,757.15 during the mid-afternoon session.  Market breadth was positive with gainers leading losers 575 to 474, while 549 counters were unchanged, 1,087 untraded and 11 suspended. Turnover expanded to 2.55 billion units valued at RM3.06 billion from yesterday’s 2.19 billion units valued at RM2.35 billion.

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 ...