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Asean Markets

ASEAN Stocks to Have Strong Day‏

Wall Street Stocks closed strongly on Wednesday, posting its best day in eight weeks, as investor mood brightened after better-than-expected factory data from the United States and China.
This will lead to another day of gains in ASEAN markets, if you have been following the advice, today will be a great day [...]

Read More » No commentSeptember 2, 2010

ASEAN Markets to Trade Lower Today‏

ASEAN Stocks will come under pressure today, many are sitting at multi year highs and the USA is showing weakness, this will be a great day for buying.
At the close, the Bursa Malaysia benchmark index rose 11.44 points, or 0.8% to 1,422.49 points – the highest since February 2008.
In total, 17 [...]

Read More » No commentSeptember 2, 2010

ASEAN Markets Outperform World Exchange‏

ASEAN Markets set new record highs all week and the trend looks set to continue.
Malaysia, the week’s best performer, ended the week 1.15 percent higher, against last week’s gain of 2.56 percent. The FBM KLCI rose 0.22% to close at 1411.05 points on selected buying of SIME and Public Bank.
The strong [...]

Read More » No commentAugust 28, 2010

ASEAN Markets Hit New Highs‏

ASEAN markets continue their amazing run forward, and even though we may be due for a small retraction the base has been built for ASEAN to continue setting new highs.
In Malaysia the Index rose 0.8 percent to its highest since Feb. 21, 2008
Supermax Corp Bhd recorded a 77.8% jump in net profit [...]

Read More » No commentAugust 27, 2010

ASEAN Markets to Rally, Singapore Economy Surges‏

ASEAN Markets held on well today and after a better night on Wall St ASEAN will rally today.
When the Jakarta index approached 3000 Shayne Heffernan of Ebeling Heffernan predicted a rapid rally after the 3000 mark fell, “Jakarta Stock Exchange is on the 3000 pt barrier, once that falls the market may [...]

Read More » No commentAugust 26, 2010

ASEAN Markets May Fall After Bad USA Housing Data‏

ASEAN markets have proven resiliant to the falling global markets over the past weeks with many setting all time highs, and showing continued growth, today however the pressure of yet another fall on Wall St may offer bargain hunters an excellant opportunity to pick up some shares at a discount.
Wall St [...]

Read More » No commentAugust 25, 2010

Strong Monday in ASEAN, Consolidation Seen Today‏

Another mixed day on Wall St may see ASEAN Markets come back a little today, keep a close eye on the ASX and China, positve results in those 2 markets will lift ASEAN further.
At Bursa Malaysia, 291 counters were up, 465 were down while 270 remained unchanged. There were 805.1 million [...]

Read More » No commentAugust 24, 2010

ASEAN Markets Rally as World Markets Slide‏

As the rest of the World’s markets slid, ASEAN with the exception of Singapore managed to rally closing the week at all time record highs, and Shayne Heffernan is expecting more growth in the coming months.
Kuala Lumpur closed higher today at 1,395.02 up 2.46 points despite the caution it will probably [...]

Read More » No commentAugust 24, 2010

ASEAN Markets to Consolidate Today‏

News of lower employment numbers and slowing factory output led Wall St fall last night and will impact on ASEAN Exchanges today, worst hit will be Singapore as they have shown great sensativity to USA movements of late as has the Philipines.
Jakarta, Kuala Lumper and Bangkok seem far less driven by [...]

Read More » No commentAugust 24, 2010

ASEAN Sets the Pace for Global Rally‏

ASEAN markets are moving higher this week, and looks like they are going to go higher over the long and short term.
The Singapore Market looks very strong going forward, there is an excess of capital on the sidelines in Singapore according to Shayne Heffernan of Ebeling Heffernan pointing to Capitaland that yesterday [...]

Read More » No commentAugust 19, 2010