SYSYSY...Rights Issue la...This counter cant trade liou..I went in this morning 50K @ 0.605..and i decided 0.61 chow liou..make RM125 nett lor lucky me..I had positon at 0.675 yesterday chow liou at 0.645 lost RM1K but overall this counter lose less at about RM200...bjuy trading experience ..
KUALA LUMPUR: Crude palm oil (CPO) futures closed lower yesterday amid weaker crude oil prices, said a dealer.
Phillip Futures derivative product specialist David Ng said the narrowing price differences between soya oil and palm oil also contributed to the lower close.
However, he said the weaker ringgit may offer some form of support and limit any further decline in the CPO prices.
"We locate support at the RM2,200 a tonne and immediate resistance at RM2,280 a tonne," he said.
December 2014 rose RM4 to RM2,234 a tonne, January 2015 and February 2015 fell RM6 to RM2,242 and RM2,245 a tonne respectively, while March 2014 slid RM2 to RM2,252 a tonne.
Volume improved to 34,564 lots from Tuesday's 21,206 lots, while open interest was lower at 248,309 contracts against 252,418 contracts previously. On the physical market, December South remained unchanged at RM2,250 a tonne. Bernama
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
bo6712
119 posts
Posted by bo6712 > 2014-11-20 11:45 | Report Abuse
gud support at 0.60 cents at the moment