14 November 2006.. Nikkei Rebound On Strong GDP
Nikkei +1.6% with 3 month strong GDP grew an annualized 2%. Kospi +0.7%. Singapore +0.5% on government plans to increase GST to 7% as it considers cutting corporate and personel income tax. Taiwan +0.9%. China +1.2%. Hang Seng unchanged.
Overall Asian market +0.7% with Japan Strong GDP. Tonight U.S will release bunch of economic data. Dow futures +16pt at this moment. We will ride on up trend again if tonight U.S. market up. Both ST1 and ST2 show switch from PBond to PRSEC.
Date : 14 Nov 2006
Action : Switch 100% from PBond to PRSEC
PRSEC Unit Price : RM0.2512
PRSEC Unit : 403479.74
Portfolio Amount : RM101,354