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Strongest Support for the Most Explosive Wealth Opportunity 2011
The wealth creation talk brought together local and foreign traders and investors as well as derivatives trading enthusiasts, to listen and plan for their own personal investment strategies for 2011.
By: Oriental Pacific Futures Sdn Bhd
The event started with the opening speech by Bursa Malaysia Derivatives Berhad Head of Business Development Suresh Maniam and followed by a short speech by Oriental Pacific Futures Director of Marketing Eunice Choo who gave an introduction on its futures broking services. Liew Kah Chi who is the Head of Media Sales presented next on behalf of Business Media International, the media sponsor for the event.
The talk featured popular experts, Senses – The Art of Living Pte Ltd Founder and Metaphysics Consultant Helen Ong and Acute Precision and Studies Research Inc (APSRI) Principal Consultant Dar Wong who were joined by more than 250 local and foreign traders, investors and investment enthusiasts.
Ong who specializes in financial markets analysis using Chinese metaphysics principles said, “The financial markets are likely to remain stable with a slowdown in the first half of 2011. However, investments related to the water element, for examples shipping, logistics, transportation and beverages industries are likely to perform above average during the first 6 months. On top of that, metal-related investments are also likely to perform better.”
Following lunch, established investment coach and financial columnist Dar Wong addressed the fact that while some economies are in trouble, there are a number of countries that are also emerging strongly that will affect the financial markets.
He mentioned that emerging BRIC economies, an acronym for Brazil, Russia, India and China, are the ones to watch as they are going through advance economic development. “Mining stocks in China are going to perform well besides energy stocks,” he said.
“As the US is weakening their dollars to help boost their exports, they are potentially creating a global inflation because commodities are transacted in US dollars. This is because sellers will have to increase the prices of commodities due to the lost of value in the exchange rate of US dollars. It will be a good time to look at the commodities and its derivatives which will likely increase in prices such as gold and silver.”
“On the local derivatives front, the FBM Kuala Lumpur Composite Index futures (FKLI) will likely to be cautiously bullish in Q1 of 2011. However, market indicators seem to support a bearish trend after Q2 onwards, as market sentiments will likely follow the Dow Jones Industrial Average (DJIA) as a major benchmark, which most deemed as an opportunity to enter a short position to gain from the likelihood of bearish market,” he added.
The two-session event was organized by Oriental Pacific Futures Sdn Bhd in collaboration with Bursa Malaysia Derivatives Berhad and supported by APSRI, Senses – The Art of Living Pte Ltd and Business Media International, the publisher of SME Magazine and Capital Asia. It was also the most well attended investment talk with crowds queuing up as early as two hours before the event officially kicked off.
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Oriental Pacific Futures is a Malaysia-based brokerage who has helped investors and traders achieve their investment objectives with timely information, daily market reports and the best price in the derivatives market. More info at http://www.opf.com.my.