$FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$retraced back towards the 1632 points region after its earlier window dressing activities which saw us close the year with 1642 points during Tuesday. The overall market sentiment today was quite mixed as we still saw 580 counters closing red for the day. Daily trading volume remains average around the 2.6 billion mark. Main stocks that showed strong buying momentum would be the likes of VELOCITY, SNS, WINSTAR,...
I participated in the IPO of$3REN (0328.MY)$, which I was lucky to be allocated. The stock performed well, currently valued at 37.5 cents, which is 33% of the IPO price of 28 cents. The lesson I learned is that if possible try to apply using as much capital as possible to have a slightly better odds of being allocated.
3REN Stock Forum
Main stocks that showed strong buying momentum would be the likes of VELOCITY, SNS, WINSTAR,...
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