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Market Daily Report: Selective Buying Of Defensive Stocks Lifts Bursa Malaysia Higher At Close

 KUALA LUMPUR, July 29 (Bernama) -- Bursa Malaysia rebounded to close higher on Wednesday on selective buying of defensive stocks after a volatile trading session. IPPFA Sdn Bhd director of investment strategy and country economist Mohd Sedek Jantan said consumer products and services stocks lifted the key index higher, overcoming lingering geopolitical concerns. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 3.08 points to 1,715.56 from yesterday’s close of 1,712.48. The benchmark index, which opened 1.91 points higher at 1,714.39, moved between 1,710.79 and 1,720.59 during the day’s trading. In the broader market, gainers outstripped decliners 550 to 476, while 612 counters were unchanged, 1,129 untraded, and 48 suspended. Turnover rose to 2.96 billion units valued at RM2.48 billion from 2.94 billion units valued at RM2.56 billion on Tuesday.
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2011 Financial Goal

Previously by the end of 2009, I would already have the 2010 financial goals , but I did not manage to post my 2011 financial goals by the end of 2010. A lot of reasons behind, but mainly due to laziness. :p Anyway, I don't expect this year financial goals will have much different compare to the 2010 financial goals mainly because there are not much changes in my current financial status. The generic financial goals would be:- Continue tithing Clearing 10% debt Stocks portfolio to grow another 15% (why I lowered it this year is because market been going up a lot last year, so, it would be not to grow so aggressively) I am thinking to clear more loan and keep more cash in hand rather than putting more in the stocks as the direction of the stocks become more volatile. Last year besides growing about 30%, I also inject about additional 20% of my annual income to the stocks - however this year, I'm thinking of injecting maybe about 10%-15% of my annual income. Other thing that I w...
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MYR to Other Major Currencies Exchange Rate

Currency exchange rate is also one something that we should always look up on to gauge whether import goods from certain countries is getting cheaper or getting more expensive. Another reason for monitoring the currency exchange rate is so that we can know whether the economy in a country is getting better or worse, although nowadays currency exchange rate has slowly become speculative rather than fundamental. As Malaysian, I am always curious how the country currency perform against some major nations like the United States. Malaysian Ringgit Exchange Rate Currency Exchange Rate
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Economical Way to Lose Weigh

Nowadays, people are slowly aware of the importance and benefits of keeping a body fit. Women choose to lose weight, so that they have better body shape that can indirectly attract attention of men, while many others lose weight to have a healthy living. If there is a need for you to lose weight, you could opt for a smarter and more economical way, the HCG diet . It only cost about 69USD in comparison to those who go for injection or slimming programs that might requires you to dig deep. The effect of HCG treatment is as good as those who go for injection. There will not be any fear of pain as well. If you are not sure about the effectiveness of HCG , here are some basic facts that you should know. HCG is a natural hormone or protein substance that helps burn off unneeded excess fat. It also alter your diet and preference of food in a healthy manner. For those of you who are afraid of side effects, the HCG drops are homeopathic, so they are safe and have virtually no side effects. If y...
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