Posted by Tobby > 2021-12-19 15:30 | Report Abuse

Sarawak election result of course put the uncertainty of political turmoil!
Now we see that Harapan chances has totally hit bottom for coming GE15! It may signal return of the status quo!
However, i think the focus is now on local chinese! Will local chinese finally return to MCA! Because if local chinese are not represented in the next administration, the 'tuan melayu' will certainly take deep root and that may spell the end of local chinese institutions!
Like it or not, only MCA can ensure local chinese rights are protected from the ever taliban politicians we are facing today!
Please be noted, there are not many moderate malay politicians nowadays! Only Tok Mat in Umno! The rest, like Khairy, are patron of 'tuan melayu'!
And so, GE15 will be referendum for MCA! Shot the messenger! But remember, i warn you guys of what to come after GE15!

Posted by Tobby > 2021-12-19 15:32 | Report Abuse

Having said that, it's up to PM Sabri to push local funds to support bursa by next week! I mean, even PNB alone can help relief the bear from bursa! Then you have EPF! It's totally up to PM Sabri!
So watch if PM Sabri can do something with our capital market!

Posted by Keyman188 > 2021-12-19 15:40 | Report Abuse

Amboi...DJIA...S&P500...Nasdaq...already turned into 1st stage of bearish trend...


See KLCI @ 13xx in year 2022...(high possibility can visit 12xx if global market further weaken)...



wkwkwk...kekeke...hehehe...

Posted by qqq3333 > 2021-12-19 16:02 | Report Abuse

yes, it looks like Bursa, Wall Street, HK..............Bursa looks like the safest...........

Posted by ahbah > 2021-12-19 19:25 | Report Abuse

Last Friday, djia down 532 pts !

Posted by Tobby > 2021-12-19 19:27 | Report Abuse

You guys really know how to cheer me up!

Posted by brandon99 > 2021-12-19 19:48 | Report Abuse

+ Severe banjir in Selangor!

Posted by Tobby > 2021-12-19 19:53 | Report Abuse

Brandon! Always keep a small boat at home in you live in landed property! You never know!

Posted by Tobby > 2021-12-19 19:54 | Report Abuse

You can buy those cheap 2k portable boat!

Posted by Keyman188 > 2021-12-20 10:01 | Report Abuse

Foreign selling extends to fourth week at slower pace of RM348m, says MIDF

(theedgemarkets.com / December 20, 2021 09:20 am +08)


KUALA LUMPUR (Dec 20): Foreign selling of Malaysian equities extended for a fourth week, albeit at a slower pace, with the outflow narrowing to RM348.36 million last week versus RM383.76 million in the preceding week.

In its weekly fund flow report on Monday (Dec 20), MIDF Research’s Shahira Rahim said as the market reopened last Monday, local institutions and retailers were net buyers amounting to RM9.02 million and RM44.19 million respectively.

Meanwhile, she said, foreign investors were net sellers to the tune of RM53.21 million.

“Foreign investors were net sellers every day of the week. The largest foreign outflow was recorded on Tuesday, which came in at RM153.28 million.

“Retailers were net buyers every day of the week.

“The largest net buying by retailers was recorded last Monday (RM44.19 million). For the week, retailers net bought RM126.45 million worth of equities on Bursa [Malaysia],” she added.

Meanwhile, Shahira said local institutions recorded cumulative weekly net buying to the tune of RM221.92 million.

She said local institutions were net buyers for all days of the week.

“The largest net buying [occurred] on Tuesday to the tune of RM115.82 million.

“Since the beginning of 2021, cumulatively, retailers were the only net buyers of our equity market to the tune of RM12.44 billion.

“Local institutions and foreign investors were net sellers to the tune of RM9.31 billion and RM3.13 billion respectively,” she added.

Shahira said that in terms of participation, retail investors, local institutions and foreign investors recorded weekly movements of -4.93%, -0.59% and 15.11% respectively in average daily trade value.

Commenting on regional markets, Shahira said the majority of equity markets worldwide were in mixed territory due to: i) inflation concerns; ii) uncertainty over the Omicron variant of Covid-19; and iii) hawkish pivots by the US Federal Reserve which dampened investor confidence in the market.



## https://www.theedgemarkets.com/article/foreign-selling-extends-fourth-week-slower-pace-rm348m-says-midf

Posted by Keyman188 > 2021-12-20 10:01 | Report Abuse

Amboi...See KLCI @ 13xx in year 2022...(high possibility can visit 12xx if global market further weaken)...



wkwkwk...kekeke...hehehe...

Posted by Keyman188 > 2021-12-20 10:07 | Report Abuse

OMG...DJIA & S&P500 future further downside risk by -260 & -40 pt...

HOLLY SHIT...



wkwkwk...kekeke...hehehe...

Posted by ahbah > 2021-12-20 10:35 | Report Abuse

Why foreigners keep on running away from our mkt ?

Posted by warrenchok90 > 2021-12-20 10:36 | Report Abuse

stamp duty fees

Posted by ahbah > 2021-12-20 10:37 | Report Abuse

“Local institutions and foreign investors were net sellers to the tune of RM9.31 billion and RM3.13 billion respectively,” she added.

Local institutions also selling ? Why ?

Posted by firehawk > 2021-12-20 10:39 | Report Abuse

retailers support !

Posted by ykloh > 2021-12-20 10:41 | Report Abuse

Maybe foreigners see Malaysia having some similarities with Turkey.

Posted by ahbah > 2021-12-20 11:06 | Report Abuse

Our retailers are veri strong supporters, can support whatever foreigners

n local institutions are selling !!!

Hidup retailers !!!

Posted by ahbah > 2021-12-20 11:08 | Report Abuse

What similiarities with Turkey ?

Posted by chinaman > 2021-12-20 11:12 | Report Abuse

mana ada sama turkey? hari hari fikir korek $$$, lupa korek parit, longkang - banjir besar

Posted by ahbah > 2021-12-20 11:15 | Report Abuse

Even Jar Full also got fikir korek $$$ from the mkt lah.

Posted by firehawk > 2021-12-20 11:20 | Report Abuse

OMG !!

DOW FUTURES -839.00 -2.34%

NASDAQ FUTURES -253.50 -1.60%

retailers could become sacrifice !

Posted by ahbah > 2021-12-20 11:23 | Report Abuse

Retailers are strong fighters ? taklat takut nya ?

Posted by ahbah > 2021-12-20 11:25 | Report Abuse

Without our brave n strong retailers, klci could even go down MORE ?

Posted by Keyman188 > 2021-12-20 11:28 | Report Abuse

Amboi...market right now uncertainties + local market heading not favourable...

~ Fed tapering asset purchased

~ Global market gradually increase interest rate to curve hyperinflation

~ Strong US dollar will impact emerging market

~ US equities market heading huge correction (perhaps 20% ~ 25%) due to too high valuation against rate hiking

~ latest variant Omicron virus spiking around the world

~ stamp duty increased by 50% for local equities

~ "cukai makmur" imposed for by 33% for the year 2022 for profit above RM 100 mil

~ debt ceiling for GOM gradually increased so expected global rating agencies will reevaluate rating local financial market

~ Political uncertainty heading GE15 by 2022 (so much voice heading 2022)

Posted by ahbah > 2021-12-20 11:31 | Report Abuse

Even though FED tapering asset purchased, our strong retailers will not

taper our klci stocks purchased ?

Posted by ahbah > 2021-12-20 11:34 | Report Abuse

Our glove stocks up today ... bcos our strong retailers push them up even

though glove stocks oredi started reporting falling profits ?

Posted by Keyman188 > 2021-12-20 11:34 | Report Abuse

Adui...masih mimpi dalam metaverse kehhh !!!...

You think so many retailers can sustain & support heavy selling from "Big Boy" !!!....


Really laugh die Keyman188...


wkwkwk...kekeke...hehehe...

Posted by ahbah > 2021-12-20 11:42 | Report Abuse

I pray our small kids retailers no got injured when fighting with the Big Boys in the mkt ?

Posted by Keyman188 > 2021-12-20 14:47 | Report Abuse

Amboi...global market turmoil again...

Nikkei -600++ pt

Kospi -52++ pt

HSI -480++ pt

Shanghai -40++ pt

DJIA future -480++ pt

S&P500 -60++ pt



See KLCI @ 13xx soon....

Posted by ahbah > 2021-12-20 14:54 | Report Abuse

It looks like better for our retailers to retreat n preserve our

capital$$$ n fight later on at lower level ?

Posted by ahbah > 2021-12-20 14:57 | Report Abuse

Retreat now n take care of our hard earn capital$$$ for future mkt war ?

Posted by ahbah > 2021-12-20 15:10 | Report Abuse

The bear rout is still on, not ended yet ?

Posted by ahbah > 2021-12-20 16:20 | Report Abuse

" So watch if PM Sabri can do something with our capital market! "

So far, I no got see any show from PM yet.

Posted by ahbah > 2021-12-20 23:18 | Report Abuse

Shortly after the open, the Dow Jones Industrial Average fell 610 points,

or 1.7%. The S&P 500 declined 1.5%, and the Nasdaq Composite was down

1.2%.

Posted by Tobby > 2021-12-20 23:34 | Report Abuse

Big boys at it again! Playing Omicron card! Give and take few weeks before pushing up again!
But for bursa, same hopeless tune!

Posted by ahbah > 2021-12-21 21:57 | Report Abuse

World Bank sees Malaysia’s economy growing 5.8pc in 2022.

That is good.

Posted by ahbah > 2021-12-22 21:24 | Report Abuse

“As for the local bourse, we reckon investor sentiment to remain jittery, hence, we expect the FBM KLCI to trend in range bound and hovering within the 1,490-1,505 range for the remaining of the week.

Investors still takut ?

Posted by ahbah > 2021-12-23 10:26 | Report Abuse

KUALA LUMPUR, Dec 23 — Malaysia is prime to join the growing number of countries that have had success taxing stock gains or inheritance wealth as both a revenue source and an effective redistributive mechanism, the World Bank said in its December’s Economic Monitor, contrasting views held by both government and Opposition politicians that the levy would spook the rich and trigger capital flight.

Posted by ahbah > 2021-12-23 10:58 | Report Abuse

"Now it is impossible to find anyone who is bullish on emerging markets, which is a very sharp contrast from a year ago when you could not find a single person that was bearish," said David Hauner, a senior EM cross-asset strategist at BofA, calling 2021 a "disaster".

impossible to find anyone who is bullish on emerging markets ?

Posted by Tobby > 2021-12-23 17:07 | Report Abuse

A late window dressing! Sell on strength! Next week will be a long vacation for funds!

Posted by ahbah > 2021-12-24 10:32 | Report Abuse

Inter-Pacific said that meanwhile, the lower liners and broader market shares could also make further headway, but the upsides are also likely to be measured due to the continuing lack of following.

“Therefore, most of these stocks are likely to remain broadly in a sideway trend for the time being,” it said.

measured onli ?

sideway trend onli ?

Posted by Lucifer999 > 2021-12-24 10:32 | Report Abuse

spring is here! lol

Posted by ahbah > 2021-12-24 10:35 | Report Abuse

Still raining ?

Still winter ?

Mkt still cold n shivering ?

Posted by Lucifer999 > 2021-12-24 10:35 | Report Abuse

sunshine after the rain

Posted by ahbah > 2021-12-24 10:41 | Report Abuse

Blue sunny days are back !!!

Posted by ahbah > 2021-12-24 11:43 | Report Abuse

Mkt ... veri quiet, taklat hangat lah, why like that ?

Posted by brandon99 > 2021-12-24 11:46 | Report Abuse

Starting on the 3rd of Jan 2022, stamping fee will not have a limit.

Big crooks how to goreng like this?

Posted by ahbah > 2021-12-24 11:50 | Report Abuse

Ask Pak Mail, please cancel the stamping fee. Thanks.

Mkt oredi half alive onli.

Posted by ahbah > 2021-12-24 16:14 | Report Abuse

Mkt ... super quiet today ?