My Trading Adventure

KLCI at new high

CP TEH
Publish date: Wed, 23 Oct 2013, 01:56 PM
CP TEH
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All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.
Following Message
KLCI hitting new HIGH today ... 1814 level ... and we might be seeing our historical high at 1826(a day after election).

SKPetrol grabs the headlines ... and pulled the index. Petdag and Petgas have been steadily pushing up the index and PChem at new high too ... O&G to benefits from the budget, everyone is speculating on that. Some buying into Alam, Perisai, THHeavy, Coastal ... TAS flying to Rm1 soon and more ... the whole O&G sector is bullish ... tho crude-oil below USD100 now.

It is budget-rally, they said.

DOW closed 75points up last night while S&P hitting new high at 1759.33. Interesting? Bull-market is here to stay ... till 2018, when the 10-yr cycle is here?

We shall see if KLCI reaching 1826 tmr ... just another 10points plus ... with Malaysia-boleh spirit intact ... yes, we can.

Will update at night.

TEH
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Discussions
1 person likes this. Showing 6 of 6 comments

ganasai

ya, so this is normal our index higher than other. Everything boleh, we are boleh, budget boleh!

2013-10-23 16:54

haikeyila

does anyone know how to calculate the P/E of klci? Last i checkhed it was around 16, now should have hit 17?
also, anyone knows a website to monitor the daily P/E of world or regional markets?

2013-10-23 17:59

Avocado_C

Get the Bloomberg ipad app, can see all indices - year high & low, return, P/E ratio and mkt cap. KLCI is now trading at P/E of 17.01.

2013-10-23 18:05

haikeyila

they have all that? wow, thx. hope it will work on my android though.

2013-10-23 18:07

Avocado_C

Not only that, the app is quite "canggih" one, you can even see up to 10Y price charts, technical indicators (EMA,SMA,RSI,etc), plus compare among different indices.

2013-10-23 18:18

Fortunebull

I don't believe this uptrend! Daily volume very small! Selling outstanding stocks once making big profit! And go for holiday!

2013-10-23 18:45

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