MONEY MASTER

TheEdge Markets has reported that global semiconductor sales fell 3% year-on-year in November last year, according to the US-based Semiconductor Industry Association (SIA). SIA, representing U.S. leadership in semiconductor manufacturing, design, and research, yesterday announced worldwide sales of semiconductors reached $28.9 billion for the month of November 2015, 0.3 percent lower than the previous month’s total of $29.0 billion and 3.0 percent down from the November 2014 total of $29.8 billion. All monthly sales numbers are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average. A drop in sales for global semiconductor sales, source: WSTS Source: http://www.design-reuse.com/news/38963/november-2015-semiconductor-sales.html Well, if you are looking at Bursa Malaysia, it is normal to look at the export stocks these days especially given how RM has dropped so much from just a year ago. The weakened Ri...

2016 definitely didn't start off brightly. For those who were concern about the economic outlook in 2016, things are already looking pretty muddled. Emerging-market shares slumped the most since August as evidence of slowing manufacturing in China triggered a selloff that halted trading in Shanghai.  China’s CSI 300 Index fell 7 percent and triggered a circuit-breaker that suspended trading for the rest of the day. Hong Kong’s Hang Seng China Enterprises Index, which tracks mainland shares traded in the city, slid 3.6 percent. Benchmark gauges in South Korea, Taiwan, Malaysia, South Africa and Poland lost more than 2 percent.  The MSCI All-Country World Index fell 2.1 percent by 5 p.m. in New York, topping its slide of 1.5 percent at the start of 2001. The S&P 500 dropped to 2,012.66, after the gauge ended 2015 down 0.7 percent. In short, the whole market seems to be on the downside. According to marketwatch, odds of a losing year based on Dow's performance on th...

REDDISH START FOR FBMKLCI Forget the champagne, the Christmas tree, the gifts, the holidays....2016 kickstart and FBMKLCI brings Malaysian back to reality....39.14 points dropped. That's a 2.31% decline from where we were on 31st December 2015.  Of course, Malaysians will be relief that we are not the only one....most likely, no other countries take it worse than China did....Shanghai Shenzhen CSI 300 Index fell 7% to trigger the "circuit breaker" on the very first day that the trading suspension mechanism came into effect. Here's a summary for the day: A total of 1.92 billion shares, worth RM1.734 billion, were done for the whole trading session. The top losing counter was British American Tobacco Malaysia Bhd , while the top gainer was United Plantations Bhd . The most actively-traded stock of the day was Instacom Group Bhd , with a trading volume of 85.77 million shares.  So what do you think? Will this red and bear period be a short one or a longer on...