Petronas Chemical (PCHEM) IPO Debug

Posted by Kris | Friday, November 26, 2010 | | 0 comments »

Today is a really hot hot market for Petronas Chemical IPO debug. A whooping 6,370,016 lots changed hands making around ~50% of total lots traded on BURSA. Lots of people making quick profits if they managed to subscribe to the IPO.

Result:
Ref: 5.200
High:5.720
Low: 5.300

Ended: 5.310.

However KLCI ended down -4.44 points (die die die in chinese) to end at 1492.05.

Lets see whether our KLCI can break another high in the coming days. Year end usually bodes well for US stocks, that should in one way or another boost KLCI to new highs. 


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