Stock Market Books

Thursday, February 21, 2008

Market on Feb 21

KLCI fell 19.56 points to 1394.76 with 588 declining counters leading 176 risers. Volume was 770 million shares worth RM 1.958 billion.

A feng shui master said that the Moon Eclipse today has affected the stock market. He said that the market should rebound tomorrow.

There are 4 Eclipses happened this year, namely Sun Eclipse on Feb 7 and Aug 1, Moon Eclipse on Feb 21 and Aug 16.

Palm oil futures trade at RM 3,700 a tonne for the first time; crude oil at Nymex trades at USD $100.19.

The Star reported that Gamuda's MD Datuk Lin Yun Lin has sold most of his shares reducing his stake from 5.23% to 1.73%. The stock closed at RM 4.20.

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