7 November 2006.. Singapore and Hong Kong Market Hit Record High
Asian stocks advanced, led by Toyota Motor Corp., on speculation the region's largest company will report record profit. Taiwan's Taiex index climbed 0.9%. Nikkei 225 Stock Average added 0.1% to 16393.41 in Japan. Seoul index up 0.6%. China market up 0.1%. Hang Seng index closed unchange but afternoon session hit 19,000 points for the first time. Singapore up 0.74% hit record new high.
Most Asia market morning session jump at opening due to U.S. stocks posted their biggest rally in a month, up 1% sparked by acquisition. There was some profit taking during afternoon session. So what should we do? Off course holding our PRSEC fund because both ST1 and ST2 show hold signal.
Date : 7 Nov 2006
Action : Hold PRSEC
PRSEC Unit Price : RM0.2492
PRSEC Unit : 407331.97
Portfolio Amount : RM101,507