KUALA LUMPUR, July 29 (Bernama) -- Bursa Malaysia rebounded to close higher on Wednesday on selective buying of defensive stocks after a volatile trading session. IPPFA Sdn Bhd director of investment strategy and country economist Mohd Sedek Jantan said consumer products and services stocks lifted the key index higher, overcoming lingering geopolitical concerns. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 3.08 points to 1,715.56 from yesterday’s close of 1,712.48. The benchmark index, which opened 1.91 points higher at 1,714.39, moved between 1,710.79 and 1,720.59 during the day’s trading. In the broader market, gainers outstripped decliners 550 to 476, while 612 counters were unchanged, 1,129 untraded, and 48 suspended. Turnover rose to 2.96 billion units valued at RM2.48 billion from 2.94 billion units valued at RM2.56 billion on Tuesday.
A very interesting article which appeared in The Edge Financial Daily, February 4th which I would like to share out with every one, which is related to Feng Shui. Whether you all trade using the Feng Shui Index or not, it is still up to you because if Feng Shui is really that accurate, we will be seeing all the Feng Shui master as Top 10 richest in the world. However the article is indeed interesting. I do find myself on and off being superstitious (proven to be quite true especially when watch football with people that I consider bringing bad luck, as well as last year when I saw a "so-call" Feng Shui calendar for KLCI which says the market is not going to be good after April, in which I decided to take profit on one of my stocks, in which it continue to rocketing up after that). The article is as follow ... HONG KONG: The Dow Jones Index gained significantly in the previous year of the Golden Tiger in 1950, but Tiger years are typically marked by dramatic changes and even ...