There is a saying : "Follow the Money", It is not a secrete that asset prices grows when there is money flowing into it, in particular 'Hot' money. It pays to monitor this flow. The following chart tracks the weekly trade participation since May 2013. It shows how much net trades excuted by Foreign institution(green), local retail(red) and local institute(blue) in RM million. A negative value is net selling, positive value means net buying. The FBMKLCI index is overlayed to see if it does influence the overall picture.(Data Source: Inter-pacific securities sdn. bhd.)
Week 11 comment:
Foreign Institutions sold RM 334.60 milion last week. However, The FBMKLCI made a rebound. Local Institution continue to support the KLCI. The following wewk (week 13) will be the 1st week where investors reacts to US FED Chair lady's comments. It is obvious from below chart, the KLCI index is very much affected by the Foreign fund flow.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....