KUALA LUMPUR, March 28 (Bernama) -- Bursa Malaysia closed lower today on profit-taking after a strong three-day rally, and investor sentiment was further shaken in the late afternoon session following news of an earthquake in Myanmar with tremors felt in neighbouring Thailand, said Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) slid 1.44 per cent or 22.08 points to 1,513.65, its intraday low, from Thursday’s close of 1,535.73. The benchmark index opened 4.16 points lower at 1,531.57 and hit an intraday high of 1,533.52 during the midday session. On the broader market, decliners outpaced gainers 563 to 395, while 408 counters were unchanged, 1,106 untraded, and 133 suspended. Turnover slipped to 2.25 billion units valued at RM2.13 billion from 2.52 billion units worth RM2.41 billion on Thursday.
"Price is what you pay. Value is what you get." This is one of the famous Warren Buffett's quote that I like most. In fact, this has become one of my motto whenever I do shopping, be it in the stocks exchange, or in my day to day shopping routine like groceries, buying clothes or investing in transportation mode and expensive gadgets. Ok. Why do I think this quote relates to the blog until I put it as the Quote of the Day? Well, let just say I just want to remind myself that price is only something that I will need to pay and it is the value that I should look into on something that I wanted to invest, be it stocks or clothes or food or many other more. So, in other words, this quote can apply to almost everything in our daily life. Let me give an example over here. Hmm....let me see, well, I have few pairs of sport shoes, different brands and price range as well. I usually will get a pair of shoes made locally, price range about RM60-RM70. Here is what value and the less...