DJIA Crosses 9,000

Posted by Kris | Friday, July 24, 2009 | | 0 comments »

DJIA crossed 9,000 point, sparked by healthy Q2 revenue and earnings especially from Intel Corp. (which indicates a higher consumer confidence on the V shape economy recovery).

Everyone is rushing back to the stock markets. My brother's boss even asked him to start loading up KLSE blue chips in anticipation that stock prices will go even higher.

On the local construction sector, alot of projects seems to be revived (even though it is mostly govt contracts. Heck, at least it creates some job opportunies) and there are alot of vacancies being offered compared to last year where the market got hit the hardest.