alphajackbetter sell now all. Later evenng foreign reserve data out. If plunge from 94.5B to below again, Monday blue chips will see major selloff and Maybank will usually get hit the worst. if 4% down again like last Tuesday on open aiyoyo, gonna be painful for you guys.
8wpwtmt8KUALA LUMPUR (Sept 4): Bank Negara Malaysia's (BNM) international reserves amounted to US$94.7 billion (RM357.7 million) as at end-August 2015, down 2% or US$2 billion month-on-month to its lowest since July 2010.
While the figure reflects a third straight month of decline totaling US$11.7 billion, the end-August reserves position is US$200 million higher than the US$94.5 billion (RM356.4 billion) as at mid-August.
The reserves are sufficient to finance 7.4 months of retained imports and is 1.0 times short-term external debt, the central bank said in a statement today.
"KLCI bluechips, our foolish local institutional investors will support one geh", no worry.
kakashiCareful guys...Reserves falling, RM falling, Oil price falling, China slowing....Only US can bring positive news.
Our institutional can support? They didn't kill you consider nice liau lo. China government try to support also cant...