MALAYSIAN stocks are expected to open lower today, following US markets that slipped on weak retail data and an unclear outlook from global chipmaker Intel Corp.
The Standard & Poor’s 500 Index ended down 2 per cent and the Nasdaq Composite Index shed 1.7 per cent. “I think (the Malaysian market) will open lower at first but then it will pick up momentum as later on in the day Malaysia may follow Asian markets which are looking stronger now,” said a local dealer.
“There may be a bit of profit-taking later on in the day,” the dealer said. - Reuters
About Me
- Nuang
- Ibrahim bin Ramli@Nuang started his career with CIMB Wealth Advisors Berhad as Agency Manager in April, 2008.Previously he was an Internal Auditors and Accounts Executive with Perodua Sales Sdn Bhd since 17 August, 1994. His background:- 1.Certified of Achievement for Master Sales Leadership from Dr Lawrence Walter Ng of President of The Art Of Learning and International Of Learning Without Learning 2.Certified for eXtra Ordinary Performance of Lawrence Walter Award Certificate for One Million Ringgit Club 2007 3. Certified Life & General insurances 4. Conferred with Diploma in Business Studiess & Bachelor of Business Admin(Hons)Finance from UiTM, Terengganu Branch & Shah Alam respectively;
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