The Walls Street retreated again. The DJIA dropped 213.08 to settle down at 10991.99, and so with the Nasdaq dropped to 2471.47. After breaching the barrier of 11,150 on Friday, the Dow, continues to advance and reached at pts.,11308.95, the highest level it scored, that is, on last Monday. The signal of stock trading is there, time to take profits! The logical answer is, due to high volumes of transactions made.
Though no news is bad news, the world's stocks tumbled. Why?
• Greece and Portugal degrading, though there was already degraded rumours some weeks ago
• The Senators' hammered the executives of Goldman Sachs Group, though the Sachs denied the allegation
We hope there is no counter checked from our big sincere players in our Klse, because they are the main players that hold the performance of our bourse. We can't hope for the small investors to boost the stock market trading. They are only having small sum, just to join the crowd.
Today, I've no picks to share with. But you can monitor some few stocks in the afternoon. What about this GCorp? Looks some difference!
Gcorp details from Klse Stock Market:
EPS:8.48, date announced 31/3/2010
Biggest share holder: Low Keng Boon (statement on 13/8/09)
Highest price: 1.64 on 27/4/2010
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