KUALA LUMPUR: The FBM KLCI jumped 1.6% while volume across Bursa Malaysia exceeded 2.7 billion shares amid certainty on Malaysia's 15th general election (GE15) timing.
The Election Commission announced earlier that GE15's polling date will be on Nov 19, with early voting set for Nov 15 while the nomination date is on Nov 5.
At 5pm, the market barometer jumped 22.62 points, or 1.6% to 1,437.72, its intraday high.
In the broader market, gainers outnumbered laggards 493-to-365. Activities were encouraging with 2.7 billion shares worth RM2.6bil changed hands.
Dealers said the local bourse is moving ahead strongly as GE15’s date is now certain.
Among the gainers on Bursa Malaysia, Hextar Technologies jumped RM2 to RM9.10, Nestle rose RM1.30 to RM134, Heineken added 78 sen to RM23.68 and Carlsberg gained 64 sen to RM22.84.
Malaysian Pacific Industries tumbled RM1.08 to RM25.16, Dutch Lady shed 74 sen to RM30.56, British American Tobacco lost 28 sen to RM10 and Ayer declined 25 sen to RM5.95.
Possible Russia purge out max oil output before price cap in early Dec to hit their national budget (or so call GDP) and then OFF THE TAP for the rest of the Dec ???????
Proposal rm800Mil share capital reduction - rm690Mil to offset past accumulated loss - balance rm110Mil credit to ‘retained earnings’ (mgmt plan share buyback)
P/s: correction - school doesnt teach kid become useless..learn from father
Wow Super promoter is back with limit up kah. Last QR cakap limit up until now pun no limit up leh. Cakap 3 sen divvy pun takda only 1 sen leh. Now still come back to con ppl lagi with what proposal kah. Really so geng leh. Dead fish also can talk until alive leh. Haiyoh. Correct?
MoneyMakers
Nice EGM Dec 1 - share capital reduction proposal
100Mil++ ready for share buyback
3 hours ago
MoneyMakers
4weeks till another excellent QR (hopefully got xtra div)
5weeks till EU oil ban (Dec 5) @ ready yr-end rocket
EU oil ban may or may not come true. December 22 is more than one month away, things may change. Now Russia has suspended the grain export deal, what will be the new development after this?
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....
syahmir
58 posts
Posted by syahmir > 2022-10-20 10:59 | Report Abuse
interesting