Malaysia’s benchmark index retreated as profit-taking in key heavyweights weighed on sentiment, while overall market activity remained active. Summary FBM KLCI fell 0.83% to 1,684.93 , dragged by losses in banking and selected large-cap names, despite steady trading participation. Market Performance FBM KLCI : 1,684.93 (-0.83%) FBM Mid 70: -0.00% (flat) FBM Small Cap: -0.23% FBM ACE: +0.20% Broad market was mixed , with weakness concentrated in large caps. Market Breadth & Trading Activity Total volume: 3.54 billion shares Total value: RM4.19 billion Gainers: 456 Losers: 678 Unchanged: 550 Market breadth turned negative , reflecting cautious sentiment. Top Movers – KLCI Gainers Axiata (6888.MY) +1.54% Petronas Gas (6033.MY) +1.18% Sunway (5211.MY) +1.15% Losers Hong Leong Bank (5819.MY) -3.29% Maybank (1155.MY) -3.02% CIMB (1023.MY) -2.47% Banking sector weakness was the main ...
If you have not think about saving for retirement, perhaps it's time to put this question into light for a while. Have you plan your path to retirement? As life gets in the way, it's normal for most people to think of it as "I'll just work for longer rather than worry too much about saving for retirement now." It's normal and I have friends who started a family at young age...and savings become difficult when one has to meet the monthly bills and forking out money for kids....day care is not getting any cheaper and wait til the kids are going into college. The amount of money required is unbelievable but that's another story though. But the question is this: Is working longer really the solution? Well, none of us can be certain...some work, some doesn't but statistic don't lie. WORKING LONGER MAY NOT ALWAYS BE POSSIBLE The baby boomers have been trying the work-longer experiment and it often doesn't work for them. S...