Bursa Malaysia (KLSE) Daily Info Edge Zone

Goldman Saga Did Not Cause Panic Selling

Durian Edge
Publish date: Tue, 20 Apr 2010, 08:08 AM
Durian Edge
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Malaysia Forex | KLSE Index | FTSE KLCI | Bursa Malaysia | MayBank Forex | Malaysia Stock Trading | Malaysia Share


















Yesterday we did not see a big panic selling cause by Goldman saga so this show that most of the retail investor is bullish about Asia economic and also Malaysia. However after yesterday Goldman Saga, FBM KLCI may likely to move sideways or down. To move up may unlikely to happen before any correction on the index.

Month of May will be a month for most of the heavy weight share to review out 1Q2010 financial report and Bank Negara will meet up again to review OPR. For me, I now target only Bank share and Rubber Glove share warrant. I think this two sector sure will done way base on history record.
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