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Showing posts from August, 2013

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Market Daily Report: Profit-taking Ends Bursa Malaysia's Five-day Winning Streak

KUALA LUMPUR, Jan 28 (Bernama) -- Bursa Malaysia snapped its five-day winning streak to close lower on Wednesday, as investors took profit following a cumulative gain of 4.25 per cent over the past five sessions, said an analyst.  At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 14.76 points or 0.83 per cent to 1,756.49 from Tuesday’s close of 1,771.25.  The market bellwether opened 1.46 points lower at 1,769.79, marking the day’s high, and hit a low of 1,750.05 during the mid-afternoon session. Market breadth was negative with losers trouncing gainers 876 to 384, while 525 counters were unchanged, 964 untraded and 94 suspended.  Turnover improved to 3.65 billion units worth RM4.41 billion from Tuesday's 3.58 billion units worth RM4.46 billion.  

Credit Card - Friend or Foe (Part 4)

This post continue from the past 3 post about the credit card:- Credit Card - Friend or Foe (Part 1) Credit Card - Friend or Foe (Part 2) Credit Card - Friend or Foe (Part 3) While part 1 and part 2 mentioned mostly on the pros of the credit card, part 3 talks about the con of using credit card in which I will talk about it in this part. Aside from high interest and a lot of hidden charges, swiping credit card actually give one the false sense of affordability when it comes to buying "wants" products rather than than the necessities. What are the things that we can consider as "wants"? These are the things like the hot gadgets that just released to the market, like the Apple iPhone and iPad, the latest Samsung S4 and many more. These "wants" products are usually not cheap, especially in Malaysia which can cost almost a month of salary, but there is one feature in credit card, in which I mentioned in Part 2 as the pros, if used wisely - the easy ...