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Asian stock marts dive

ape sudah jadi dgn pasaran saham skrg? byk yg jatuh..ape pendapat otai2, skrg masih relevan lg ke nk beli ipo ni? ataupon lg berbaloi beli saham kontra sementara harga tgh drop? mintak pendapat tuan2..

Asian stock marts dive
By Adeline Paul Raj
Published: 2011/08/09

Analysts and fund managers in Malaysia have mixed advice for investors: some suggest a disposal of stocks in any rally and others urge investors to hold on to their positions

Kuala Lumpur: Stock markets in Asia were a sea of red yesterday as investors panic-sold shares on fears that the US may go into another recession.

This followed rating agency Standard & Poor's move last Friday in downgrading the credit rating of the world's biggest economy for the first time ever, by one level to AA+.

Key markets in Asia, led by China, fell by between 3 per cent and 5 per cent in the morning, before calming down somewhat in the afternoon.

At home, the FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) plunged as much as 48.19 points (or 3.1 per cent) in the morning session to 1,476, with less than 30 of 1,000-odd counters posting gains.

It, however, gained some ground in the afternoon session, closing 27.44 points (1.8 per cent) lower to 1,496.99, its lowest in about five months. Some RM34 billion in market capitalisation was wiped out.

China's Shenzhen Composite Index (down 4.4 per cent lower to 1,113.37 points), Singapore's Straits Times Index (down 3.7 per cent to 2,884) and Korea's Kospi Index (down 3.8 per cent to 1,869.45) were among the worst performing indices in the region.

Analysts and fund managers here had mixed advice for investors, with some suggesting a disposal of stocks in any rally and others asking investors to hold on to their positions while waiting for greater clarity on the situation.

They expect Asian markets to take direction from Wall Street over the short term. Markets in US had yet to open for Monday trade as at press time, but key European markets were down by between one per cent and 2.5 per cent in early trade.

"It's a dynamic situation ... we have to watch Wall Street closely over the next few days," said Terence Wong, head of research at CIMB Research.

Wong noted that the pullback in the last two trading days, though strong, is still within a bull-market pullback.

"We don't think it's game over for the bulls yet. We're advising investors to hang on to their positions and seek greater clarity," he told Business Times.

Investors will also be looking for clues at a Federal Open Market Committee meeting in the US today.

"There could be added expectations for the policymakers to announce fresh economic stimulus initiatives, or at least prevent confidence from tanking further by spelling out contingency plans should the world's largest economy threaten to slip into a double-dip recession, while keeping interest rates low for an extended period," HwangDBS Vickers Research said in a note to clients yesterday.

The weaker fundamentals in the US and persistent debt worries in the eurozone are taking a toll on investor sentiment and causing investors globally to liquidate on any and every rebound rally in markets, analysts said.

"We believe the market concerns will continue to overwhelm sentiment, and the downshift in equities will persist," said Yap Huey Chiang of RHB Research Institute.

OSK Research cut its year-end target for the index to 1,557 from 1,680, and downgraded its recommendation on the Malaysian market to "neutral".

Other research houses, like CIMB, said they may follow suit after looking at the current slew of corporate earnings to come out.

"As of now, based on both technical and quantitative analyses, the downside risk is heightening," Kenanga Research said.

Maybank Investment Bank urged investors to dispose of stocks on any rally and keep more cash rather than equity.

"Any attempt to bargain hunt will be futile and shortlived. Therefore, any quick bargain hunting profits may quickly erode if clients do not take their positions off the table swiftly," its head of retail research Lee Cheng Hooi said in a note to clients yesterday.

Losers thumped gainers 67 to 1,051 losers, with 99 counters unchanged. Top gainers included Nestle (up 48 sen to RM47.60) and Shell (up 16 sen to RM10.28).

Some 1.9 billion shares worth RM3.6 billion changed hands in the market.

2bz4money:
- yg dah ada stok, mungkin fikir utk..
1. HOLD dgn harapan pasaran akan kembali normal atau rebounce atau
2. SELL je..utk dptkan CASH dan beli stok pada hg runtuh nnti.

- yg ada CASH pulak tengah timing bila nak shopping stok yg berharga rendah..:D

- yg nak beli saham IPO, sobar jelah..nampaknya saham IPO baru x akan kuar dlm suasana x menentu camni..:)
 
NEW YORK (AP) -- Stocks plunged Monday as anxiety overtook investors on the first trading day since Standard & Poor's downgraded American debt.

The Dow Jones industrials fell 634.76 points. It was the sixth worst point decline for the Dow in the last 112 years and the worst one-day drop since December 2008. Every stock in the Standard & Poor's 500 index declined Monday.

adussssss
 
tengah sesak dada tengok number semua kaler merah...dahla nk raya ni..aduss...
 
Nak tanya otai2 sekiranya counter tu dah jatuh melepasi harga siling
( x tau term )adakah ianya boleh dinyahlistkan...apa akan jd pada saham yg masih dipegang sekiranya ada...??? Mohon pencerahan...Thanks
 
baget raya jgn kacau..
kalau ada lebih tu time ni la nak taram lot gajah.

pendapat aku je(xde kena mengena ngn analisis pakar ekonomi).. br tembak stu kaunter. peram sampai dekat raya cina
 
baget raya jgn kacau..
kalau ada lebih tu time ni la nak taram lot gajah.

pendapat aku je(xde kena mengena ngn analisis pakar ekonomi).. br tembak stu kaunter. peram sampai dekat raya cina

apa kaunter tu? share la tips :D
 
Fed to keep U.S. rates low for 2 years, stocks jump PDF Print
Written by Reuters
Wednesday, 10 August 2011 06:41
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WASHINGTON: The Federal Reserve on Tuesday, Aug 9 took the unprecedented step of promising to keep interest rates near zero for at least two more years, adding it was considering further action, sparking a rebound in stocks.

Investors were still unsure whether the Fed's even stronger promise to maintain rates at rock-bottom lows until mid-2013 would be enough to revive a flagging economic recovery.

Some were also worried about fresh signs of internal discord as three policymakers dissented against the decision, the biggest such rebellion since 1992.

Still, the Fed's actions sparked a rally in equities, which had been under heavy selling pressure, and drove short-term Treasury yields down to all-time lows.

Stocks had been on a downward spiral starting late last week because of fears about the U.S. economy and Europe's debt crisis compounded by the shock of an historic downgrade of the U.S. credit rating.

Analysts said there was still plenty of unease about the U.S. economy, some of it reflected in the downgraded outlook cited by the U.S. central bank.

Yet some found comfort in the Fed's assurance that it was considering further policy steps, which would most likely include further asset purchases.

"If they have to act they will," said Alberto Bernal, head of emerging markets fixed-income research at Bulltick Capital Markets. "They didn't act today because they didn't want to send a specific message of panic."

Markets will now be looking to Fed Chairman Ben Bernanke's yearly speech at the upcoming Jackson Hole meeting for further clues into any additional policy easing the Fed might consider at its next policy meeting, in September.

There is plenty of uncertainty regarding the Fed's power to stimulate the economy with rates already so low. Japan provides a disheartening example of a country that has kept borrowing costs low for many years without any notable spike in growth.

In its policy statement, the Fed said U.S. economic growth was proving considerably weaker than expected and said inflation will remain contained for the foreseeable future. It added the unemployment rate, currently at 9.1 percent, would come down only gradually.

"The statement was extremely negative in its outlook on the economy," said Omer Esiner, chief market analysts at Commonwealth Foreign Exchange in Washington.

"By pegging the extraordinarily low interest rates to a date in the distant future, the Fed has essentially said that they see the current level of weakness lasting far longer than previously expected.

Dissenting against the decision were Richard Fisher of the Dallas Fed, Narayana Kocherlakota of Minneapolis and Charles Plosser of Philadelphia, who wanted to avoid any specific time reference on the low-rates pledge.

"The committee currently anticipates that economic conditions -- including low rates of resource utilization and a subdued outlook for inflation over the medium run -- are likely to warrant exceptionally low levels for the federal funds rate at least through mid-2013," the Fed said.

It also reiterated its policy of reinvesting the proceeds from bonds maturing in its portfolio, though it did not state a specific timeframe for such actions.

One analyst said the Fed's language left open the possibility of a third round of bond-buying, referred to as quantitative easing.

"They certainly didn't close the door on QE3," said Michael Yoshikami, chief investment strategist at YCM Net Advisors in Walnut Creek, California.

IS IT ENOUGH?

The Fed's decision comes amid financial market turmoil as worries about the global economy escalate after an embarrassing downgrade of U.S. debt. In addition, fears remain that European efforts to put a safety net under heavily indebted Italy and Spain may not suffice to avert wider credit market disruptions.

In an attempt to tamp down market volatility, finance ministers and central bankers of the Group of Seven major world economies held a telephone conference on Sunday and then issued a statement saying they were ready to act to ensure global stability.

Officials had been pinning hopes for an acceleration of U.S. growth in the second half of the year on a healing of supply chain disruptions from Japan's natural disasters, a calming of Europe's debt problems as governments committed to more sustainable fiscal paths and steady gains in business and consumer confidence in the United States.

But those expectations, along with the Fed's forecast for a growth rate of between 2.7 percent and 2.9 percent in 2011, have appeared increasingly over-optimistic in recent weeks.

http://www.theedgemalaysia.com/business/191002-fed-to-keep-us-rates-low-for-2-years-stocks-jump.html

so dgn adenye berita ni...ni berita bagus @ xbagus???

prospek saham & gold cmne???

pasaran ekuiti BULL lah ye pas ni??
 
salam semua...

sy ni org baru thread ni...dtg nx menimba ilmu skit...:D
nx tnye dlm keadaan skrg ni sesuai ke nx beli saham dlm open market? saham ape yg sesuai skrg ni?
 
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