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Showing posts from August, 2013

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Market Daily Report: Bursa Malaysia Rebounds To Reclaim 1,700 Level At Close

KUALA LUMPUR, March 10 (Bernama) -- Bursa Malaysia rebounded to end higher today with the benchmark FBM KLCI reclaiming the 1,700 psychological level, supported by improved global sentiment after US President Donald Trump signalled a potential de-escalation of the Iran conflict, alongside Malaysia’s stronger Industrial Production Index (IPI) data. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) increased 27.51 points, or 1.64 per cent, to 1,701.68 from yesterday’s close of 1,674.17.  The benchmark index opened 10.68 points higher at 1,684.85, its lowest point today, and hit a high of 1,703.61 in the late afternoon session.  Market breadth was positive, with gainers thumping losers 929 to 382. A total of 361 counters were unchanged, 982 untraded and 19 suspended. Turnover declined to 3.60 billion units worth RM3.75 billion from yesterday’s 5.52 billion units worth RM5.87 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 ...