Wednesday, December 8, 2010

Unusual high volumn traded

Today as usual, logged into my account to check on share price after market closed. Discovered some unusual transactions being traded, there are a number of counters traded with huge volumn at 10 minutes before closed or 16:50 to be exact.

There are not just one or two counters but plenty of them ( I just checked a few of my favorite counters)

The buying pattern does not favor to a particular sector, like banking or just plantation. The counters involved include big-chips, mid-cap and also some penny stocks.

The following are some of the counters:-


MAYBANK RM8.40 4684 PCHEM RM5.41 2882 AXIATA RM4.73 13632 MAYBANK RM8.40 4684 SCOMI RM0.34 3485 CIMB RM8.70 7962 KNM RM2.14 2138 SIME RM8.78 5494 IOICORP RM5.78 11476 MPHB RM2.22 1751 BJCORP RM1.07 2497 BJTOTO RM4.25 1672 GENTING RM10.80 3145
and more.


Curious, could these be due to some institutes are buying or foreign investors are pouring money into BursaMalaysia?
 
Do leave your comment if you know anything about it, help me to clear my curiousity.

1 comment :

  1. Same things happen again yesterday.
    Buy buy buy ! Just wonder, why there have to buy at 10 minutes before closed?

    - To support the market?
    - Feng shui?
    - Are there selling instead of buying?
    - Buying by local or foreigners?

    Just curious !

    ReplyDelete

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