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Market Daily Report: Bursa Malaysia Ends Nearly Flat As Construction Stocks Attract Buying

 KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.39 of a point to 1,714.40 from Monday’s close of 1,714.79. The benchmark index opened 1.65 points lower at 1,713.14 and moved between 1,710.44 and 1,714.50 throughout the trading session. The broader market was almost evenly balanced, with decliners leading gainers 548 to 546, while 598 counters were unchanged, 1,107 were untraded and 25 were suspended. Turnover expanded to 4.13 billion units valued at RM3.14 billion from 3.60 billion units valued at RM2.45 billion on Monday.

Malaysia Weekly Highlights

DUTCH LADY EMERGED AS TOP GAINERS FOR THE ENTIRE WEEK'S TRADE DAY The "Monkey" year kick start with a very negative sentiment and the FBM KLCI closed down 1.1% compared to the previous Friday (Feb 5, 2016). However, Dutch Lady has emerged as the top gainers for three consecutive days. (which is the entire week's trading day for last week). The company has seen the share price jumped to RM51.96 compared to the previous Friday (Feb 5, 2016) at RM48.88. That's an impressive 6.3% increase compared to the negative trend of the FBM KLCI. Last Friday (Feb 12, 2016), Dutch Lady Milk Industries Bhd increased by RM1.50 from the previous closing. There was no further or new announcement from the company but given its previous earnings report and strong balance sheet, it's possible that investors are looking for companies with the moat to brace the storm and uncertainties ahead. LEMBAGA TABUNG HAJI: Rejected "Creative Accounting" claim The...

Best Home Broadband in Malaysia

I always believe that savings are important but it's also important to make sure that we spend on needs that are important. In my opinion (a typical gen-Y, connectivity is important), broadband is something that is essential in our daily lives. After I move to my own place, I was looking for a good broadband that comes at a good price. There are a few options that I was looking at: TM's UniFi VIP 5 Package, Maxis Fibre Internet 10, P1 For Home RM149 Unlimited, TIME Fibre Unlimited Home Broadband 8Mbps and ABNXcess 5Mbps.  There are a few things that I looked at when I choose the right broadband... SPEED Well, I believe with the technology of today, we need a home broadband with a speed of at least 5Mbps. While some people will say that 1Mbps is enough, it's important to take note that the speed shown is the maximum speed that it's capable of. Thus, if you're taking 1Mbps, the chances is that you're on 50% most of the time, which is not enough for ...