EOD Update (30 August 2006)

GLC's showing some life. Market closed for National Day celebrations tomorrow. After that PM delivers budget speech on 1 Sept. Corporate results coming in so far mostly suprisingly good. Crude prices finally went below $70. Bank Negara looks likely to pause rate hikes for rest of year. Seems like a lot of positives out there. So, what's stopping the market? Political tension? US economic slowdown? War in Middle East? Foreign fund managers on holiday (oft-cited reason, this)? Which of these negatives are likely to affect which Bursa stocks?

Latest purchase:

SCOMIEN: +6,400 (average 1.358) ... Total 6,400


/ichithekiller