KUALA LUMPUR, April 3 (Bernama) -- Bursa Malaysia closed marginally lower on Friday, as cautious sentiment persisted, with investors remaining on the sidelines amid ongoing conflicts in West Asia, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 2.80 points, or 0.16 per cent, to 1,695.50 from Thursday’s close of 1,698.30. The benchmark index opened 5.82 points higher at 1,704.12, and moved between 1,693.65 and 1,708.12 throughout the day. However, market breadth remained positive, with gainers outnumbering losers 634 to 415, while 521 counters were unchanged, 1,077 untraded and 10 suspended. Turnover improved to 3.38 billion units worth RM2.95 billion from yesterday’s 3.20 billion units worth RM3.50 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...