Morning ... back to work, but I missed the 50 points drop in KLCI. Wow ... long time no see such a drastic sell-down. Will we see another minus 50 points today?
Got this ... being shared in FB. After lunch, the waterfall in vertical ... Victoria's fall.
KLCI : Back to 1770 ... will this break?
Crude Oil Price below USD70 .. at 69 level now. This triggered the sell-down in O&G counters and the heavyweights such as PetDag, PetGas, PChem, SKPetrol are pulling the whole index lower. Many speculating that it will "help" AirAsia and AAX in reducing their operating cost? AirAsia is flying higher now ... while most O&G counters ... tanking. Will check on them later.
O&G and gang : Alam, Armada, Barakah, Coastal, Dayang, Deleum, Dialog, KNM, PChem, PetDag, PetGas, SKPetrol, Yinson ... few more.
Banking stocks down too ...
Our MYR dived too vs USD ... broken the RM3.40 level, at RM3.43 now. So, some many want to think of buying ''exporting" counters? Glove-sector? Furniture?
Constructions : Are we still bullish here?
There are many things in my head ... as we are heading to year-end. Classes on for this-n-next week ... final meeting of the year with Tratle-group this Friday will be excited. Will be flying of to Sabah in mid-month for a week, and back here for Christmas with family, and shifting to a new place!
Dec is a very busy month ... preparing for my new year 2015 plans.
Sabah Trip : For those wish to meet(at KK), please contact me ... and we have some sharing about markets. I will be very glad to be back to Sabah after 5 years ... yeah, I still like KK ... the best place to stay.
Have a nice oily day ....