KUALA LUMPUR, Nov 5 (Bernama) -- Bursa Malaysia closed higher, buoyed by Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 2.75 per cent, alongside positive cues from Wall Street. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 19.30 points, or 1.19 per cent, to 1,635.86 from Wednesday’s close of 1,616.56. The benchmark index opened 6.72 points higher at 1,623.28, and fluctuated between an intraday high of 1,642.44 and a low of 1,622.62 during the trading session. However, market breadth was negative, with losers outnumbering gainers 723 to 497, while 466 counters were unchanged, 1,075 untraded and 10 suspended. Turnover rose to 3.74 billion units valued at RM3.61 billion compared with yesterday’s 2.81 billion units valued at RM2.57 billion.
I watched Wall Street: Money Never Sleeps and I found that one of the easily remembered quote by Gordon Gekko is "Greed is good" with the full context of "Greed, for lack of a better word, is good". It is not that I agree with Gordon Gekko that greed is really good, but without greed, I do feel like one will lose the competency to try strive for more and better quality life by earning more money. In the movie Wall Street: Money Never Sleeps, Gordon Gekko was a "shark" as what we all call the fund managers and all the people with loads of money to control the stock price. Many terms are associated with these people as they have the capability to influence the global market movement. Anyway, back to the movie, as he was giving a talk on trading, he mentioned, "Greed, for lack of a better word, is good. Greed is right. Greed works. Greed clarifies, cuts through, and captures, the essence of the evolutionary spirit. Greed, in all of its forms; gre...