Bursa Malaysia (KLSE) Daily Info Edge Zone

FBM KLCI May Revisit DMA200 Level

Durian Edge
Publish date: Wed, 02 Jun 2010, 07:57 AM
Durian Edge
0 1,080
Malaysia Forex | KLSE Index | FTSE KLCI | Bursa Malaysia | MayBank Forex | Malaysia Stock Trading | Malaysia Share


















World share market start the month of June with a red mark, FBM KLCI dip close to 10 point before last minute push up. Eurozone problem look like not going to settle in a few month. I had read a report from Gold investment, Euro people keep buying gold since beginning of May.

Euro people had no confident about Euro money due to they know how bad they country problem so hide they money in gold will be the best option. Now gold price hits RM130 per gram and usually Asia demand on gold will start on August till year end so I think gold price will up more and may hits RM150 per gram by year end. Last highest gold price is around RM142 per gram happen a year ago.

To had a peace of mind to watch World Cup I think better put out all your money in share market because FBM KLCI may revisit DMA200 level.
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment