Kuala Lumpur Index Composite 22 October 2007

Monday, October 22, 2007

The market closed lower last Friday with the KLCI falling 6.15 points or 0.45% to 1,370.17. The market started on a positive note but gave way to selling pressure in line with the weaknesses in regional bourses.

Today KLCI ended with 19.36 points dropped at 1350.81. Dow Jones Index slumped 366 points last Friday which showing us high impact on US market crisis to our regional stock market. Counter gainers 136 while losers 784.

For those who is still hold any stocks, lock your profit tight. Stay away from market at the moment if you are not very confident.

As per Warrant Buffet said:

Rule No. 1: Do not lose your money. Protect your profit.

Rule No. 2: Do not forget rule No.1

Trade on your own risk. Happy trading!

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