Archive for October, 2012

AirAsia X : IPO, AirAsia X

Wednesday, October 31st, 2012

Dear Investor,You can apply AirAsia X IPO through Bumiputera Special shares through MITI and Closing date for Online Application : 5th November 2012. Check MITI Website to apply. [attachmentid=3130960] Lowyat.NET: Latest topics in Stock Exchange

Five Mistakes To Avoid When Trading Financial Markets (Goldtradingexpert)

Wednesday, October 31st, 2012

It’s a well known fact that 95% of “retail” traders (i.e. the small speculators) will lose money trading the financial markets.  Little wonder then that small speculators are referred to as “dumb money” by investment professionals and monitored as a contrarian indicator for future price direction. It is not simply that the little guys choose […]

Malaysia may review interest rates

Wednesday, October 31st, 2012

BANK Negara Malaysia is assessing on whether there is a need to review the country’s interest rates. Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz said the central bank is currently assessing the economic trends such as future inflation trends and the global economic situation. “Bank Negara will review interest rates based on current […]

MPHB Technical – Short Term Trading Buy

Wednesday, October 31st, 2012

MPHB made a major weekly Wave 4 low at RM2.14 (Sep 2011) with grossly oversold and bullish signals. Due to its positive weekly chart signals, the indicators are pointing firmly upwards to a move towards the resistance areas indicated and upside target areas of MYR3.51, MYR3.89 and MYR4.40 in the short to longer term. It […]

Thin trading

Wednesday, October 31st, 2012

PARIS: European shares rallied yesterday, led by Swiss bank UBS and by oil major BP. Volumes were thin, however, with a massive storm hitting the eastern United States forcing Wall Street to remain shut for a second day. At 1225 GMT, the FTSEurofirst 300 index of top European shares was up 0.7 per cent at […]

Sentiment Index – Malaysia Stock Market

Wednesday, October 31st, 2012

Constructed and written by Smartbiz  Intraday Oscillator: Market sentiment remained subdue in conjunction to the weaker key index. However, interest has shifted to ACE counters in active trading. The Oscillator slid all the way down but last minute buying pulled it to finish at its day-high at -30.92 gained 90.60 compared to its opening point […]

Mixed but Tokyo falls

Wednesday, October 31st, 2012

HONG KONG: Asian stock markets were mixed yesterday but Tokyo closed lower after the Bank of Japan cut its growth outlook and announced monetary easing that was only slightly bigger than market forecasts. With US markets closed because of Hurricane Sandy, Wall Street gave regional investors no leads. Tokyo stocks closed down after the Bank […]

Technical Analysis Oct 2012: BJTOTO (1562)

Wednesday, October 31st, 2012

BERJAYA SPORTS TOTO BERHAD Observation from Chart:- BJTOTO rebound from RM4.38 support level. Will it break through RM4.47 resistance level? Other indicator:- MACD trade at positive region, uptrend sign. Stochastic %K already trigger BUY call. High probably it will retest RM4.47 level. If the bull strong enough, it might break through & formed higher high. […]

Correction continues

Wednesday, October 31st, 2012

STOCKS fell yesterday, with developers and Chinese banks the main losers as the index continued to correct after a 10-day winning streak. The Hang Seng Index eased 0.38 per cent, or 82.47 points, to 21,428.58, its third straight loss, pushing the benchmark to its lowest close since October 17. “The market may take a breather […]

Sentiment Index – Malaysia Stock Market

Wednesday, October 31st, 2012

Constructed and written by Smartbiz  Intraday Oscillator: Market sentiment reversed into negative tone after the break as most regional markets traded lower today. The Oscillator slid to finish off low at -100.32 lost 461.08 compared to its opening point at +360.76. The Average recorded a loss of 0.52; down by 198.63 compared to +198.11 of […]