Friday, May 18, 2007

Market in Mayhem

The Malaysian stock market is like Janus, the two-faced god. It is neither going forward nor backward. Rumours aplenty spur the market on as well as shape the trading pattern. Share prices rise and fall according to the euphoria and fears of the investors or should we called them speculators.

The market looks oversold on some counters like KPS which should stabilised and move upwards. KPS went up in the afternoon on heavy volume and ended up 5 sen better at RM1.18. KPS should move up on Monday.

Quote of the Day:

"Put you heart,mind, intellect and soul even to your smallest acts. This is the secret of success." Swami Sivananda

Heartsong


No comments: