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Showing posts from December, 2011

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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...

Quick Check on FY2011 Before Moving to FY2012

Well, in just less than 25% of a day, it will be 2012. It also means that we should all have our mind set on what are the financial goals that we are expected to achieved and proper execution plans to meet those financial goals. Like last year in my Looking Back 2010 Before Setting Financial Goals for Year 2011 , I will also start have a quick check on my financial year 2011 and what I have achieved and what I have failed to achieve and the reasons for failing to achieve the financial goals that I have set for the year. I have very simple 2011 financial goals and it is sort of generic as well. The generic goals were to Continue tithing Clearing 10% debt Stocks portfolio to grow another 15% I am pretty sure that I have successfully completed the three financial goals that I have set. Tithing requires discipline and I always ensure that I set aside the money to tithe. Debt repayment is also the same. I always set aside the same amount of money to pay my car loan and this year, I again m...