Bursa Malaysia (KLSE) Daily Info Edge Zone

Will FBM KLCI Hits 1,500?

Durian Edge
Publish date: Tue, 24 Aug 2010, 05:18 PM
Durian Edge
0 1,080
Malaysia Forex | KLSE Index | FTSE KLCI | Bursa Malaysia | MayBank Forex | Malaysia Stock Trading | Malaysia Share















Since begin of this year FBM KLCI always will markup when it come to closing and the index can be in red hold day but close in positive zone when come to closing. This really show that the market is fully control by big money. I think as long as Euro or US did not dip into economic crisis, FBM KLCI may likely to go up to 1,500 level.

FDI investment is about 17% and we know EPF investment is about 60% plus Khazanah share that we did not know what is the % so the market is easily to manipulate up and down. At this point I think the government will manipulate the share up to flow out money, may be to some targeted group of people. August is the most CW expire and most of the CW close at high price so if most of your investment is in CW I think you sure make good profit for Raya holidays.
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