Stock Market Books

Tuesday, January 22, 2008

Will the market come back?

KLCI closed 54.12 points lower(-3.8%) at 1354.48,losing stocks overwhelmed riser 962 to 68 with 1.58 billion shares worth RM 3.6 bn traded.

Europe market already staged a rebound, it is expected that the US market would also recovered.

The low of KLCI was 1340.29 and the closed of 1354.48 would mean that the KLCI already had recovered 14.19 points.

The Bursa Malaysia is closed on Wednesday because of Thaipusam, the Hindu New Year, where the devotees would celebrate by performing prayers in the temples.

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