SpringtimeMore like 6.00. 5 is only a matter of few weeks.
vinvinJN88 is a negative fellow of CIMB!!! I gave the result of the latest position of DJI up 177 points but he gave us the result of the past few days which shows that he is against this counter of going up!!!
vinvinLet us wait for tonight to see how the DJI starts performing n get the result of today early tomorrow morning!!!
goldentriangleDJI 18,123.80 (-88.68) DJI is over react to the US rate hike, KLSE was down for a 4 striaght day in a row for about -40 points already! No matter rate hike or no rate hike on Tuesday, KLSE will eventually shooting up crazily on Wednessday onwards to continue it's Bull run to break 1700 points!
klsenoviceSep rate hike becomes less likely due to poor retails & automobile sales numbers. The rare hike gate is likely to be pushed to Nov/Dec to re frame. Nevertheless I concur with Goldentriangle that cimb is highly likely to stand out amongst other banking stores if we ignore the market noises that will come & go. When it's gone investors will fallback on fundamentals. Recent pre & post Brexit are good references..
Mohammad Ahmad Dingolderntriangle, you really confident that KLSE can break 1700 points? :) I am hopeful now... :)
goldentriangleMohammad Ahmad Din, yes, i'm really confident that KLSE can break 1700 points! There will be a very big turnaround of uptrend after rate hike decision on Wednessday, no matter US got rate hike or no rate hike, once final decision was announced, KLSE will shooting up crazily after it was overreacted with 4 straight days plunged with about -40 points already!
If not by Semptember break 1700 points, it definitely will be by October, because once enter October, there is Budget 2017, that time will be very bullish market for KLSE!