22 November 2006.. MXFEJ Index Hit Record High
Finally the MSCI Far East ex Japan Index(MXFEJ) break new high today. Asian Stock market shoot up to celebrate today event. Nikkei +1.1%. Kospi +1.1%. Taiwan +0.5%. China +0.2%. Hang Seng +1.2% after economic growth accelerated 6.8% in third quarter. Singapore +0.9%.
Overall Asian market +1.1%. Market just don't want to drop. Fund manager believe china demand for resources is going to drive the market for the foresseable future. Dow futures +11 pt at this moment. If U.S market up tonight. We will see Asian market will continue shoot sky rocket tomorrow. Both ST1 and ST2 show hold PRSEC.
Date : 22 Nov 2006
Action : hold PRSEC
PRSEC Unit Price : RM0.2557
PRSEC Unit : 401288.98
Portfolio Amount : RM102,609