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Showing posts from August, 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...

Financial Planning and Management

For the past few weeks, I was not able to up blog more in this blog, mainly is the slow Internet connectivity that I'm facing in my house in Kulim, because I was using Celcom 3G, which sucks, although there are many complain about Maxis 3G. When I go back home town, I was too lazy to blog as I have always stressed on Work Life Effectiveness, which means that although I earn a living by working as Engineer, but I want to dedicate the time to myself and family as well during the weekends. When I come to think of it, most of us will be sweating throughout our lifetime earning barely enough to support whole family. I actually think, is it possible that we can be out of our working life as early as possible - especially for those from the average income family background? The answer is yes and no. No is because we lack of discipline and financial planning and management . Without discipline, most of us will just spend as it is. In fact, without discipline, most of us will hardly have a...