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Monday 11 April 2011

12/4/2011: KLSE closed 1529.41 (-14.59, -0.94%) for morning session



Today KLSE opens 1,537.89 (-6.11) at 9am. Not a good sign. KLSE888 deeply suspect it is due to Sarawak election this Sunday.

KLSE went further down and closed 1,529.41 for the morning session, with maybe due to overall Asian market sentiments. Two Asian market that KLSE888 deeply followed:

  • Nikkei 225           9,558.59        -161.11 (-1.66%)
  • Hang Seng Index 23,980.07 -323.00 (-1.33%)

According to Tokyo (Reuter), Japan raised the severity of its nuclear disaster to the highest level on Tuesday, putting it on a par with the world's worst disaster nuclear accident at Chernobyl after another major aftershock rattled the quake-ravaged east (source: The Star). This is

Today is Invest Malaysia 2011. Looks like PM Najib's speech is not stimulating enough. If time permits, KLSE888 shall study PM's speech to see what went wrong.

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