Financial Information

Stock market sees seven months of net foreign buying

Bursa Malaysia has seen seven consecutive months of net forstock market newseign fund inflows on a strengthening ringgit and measures by the Government to boost the economy.

According to Kuala Lumpur-based

Credit Suisse Group AG analyst Tan Ting Min in a Tuesday report, foreign funds bought RM2.6 billion worth of shares in December, rebounding from RM900 million in November following RM1.8 billion worth of purchases in October.

The stock market will be driven by liquidity, supported by a robust economy, rising commodity prices and a stronger ringgit, she said.

Tan added that efforts to transform the economy to attract investments would also boost the market.

Among her stock picks were

Axiata were also stocks to look out for.

Stock market: why it closed at highest level since August 2008

Stock market gains have been common in January, when that month follows midterm elections. Some investors may be starting to move money out of bonds and into the stock market.

Stock market: Traders work on the floor of the New York Stock Exchange early in the trading session in New York on Jan. 3.

Mike Segar/Reuters

Wall Street started the new year with its own fireworks a lively session with explosive gains all day.

By the end of the session, the Dow Jones Industrial Average popped 93.24 points, closing at 11670.75, the highest level since August 2008.

Investment analysts attributed some gains to the traditional January effect, in which stocks that did poorly at the end of last year move higher in the new year without much selling pressure on them. Also, some economic news is continuing to come in a little stronger than Wall Street anticipated. And some investors may be starting to move money into the stock market and out of the bond market, which is not expected to do well this year.
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Market Gaps Up Out of 2011 Gate

Happy New Year! The stock market indices started out the year with a bang with a big gap up， ran sharply higher in the morning， reached their highs just before noon at around the 2268 area on the Nasdaq 100 and the 1276 area on the S&P 500.

At that point they start to drift back， and then accelerate a little bit lower in the afternoon， bounced late in the day， but couldn’t hold it， and then backed off. But still， a nice net gain.

Net on the day， the Dow closed up 93.24 at 11，670.75， although about 41 points off its high. The S&P 500 closed up 14.23 at 1271.87， about 5 points off its high. The Nasdaq 100 was up 36.37 at 2254.23， aboutಎ points off its high.

Advance-declines were 3 to 1 positive on the New York Stock Exchange and better than that on Nasdaq. Up/down volume was almost 6 to 1 positive on New York with total volume of over 1 billion shares traded. Nasdaq traded over 1.9 billion and had an almost 5 to 3 positive volume ratio.

So， a very positive day on Wall Street.
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Ten Clean and Green Energy Stocks for 2011

This is my fourth annual list of renewable energy and energy efficiencystocks since I began the series in January 2008.

For myself, these lists serve as a record of my thinking on the marketwhich I can look back on and learn from over the following year.When I publish the list, I state my reasons for selecting each stock，and then track the portfolios performance over the following year inquarterly updates. This allows me to not only track how well theportfolio performed, but to check that performance against what Iexpected over the previous year.
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