Bursa Malaysia (KLSE) Daily Info Edge Zone

Foreign investor may start to taking profit

Durian Edge
Publish date: Tue, 05 Oct 2010, 08:30 AM
Durian Edge
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FBM KLCI rally almost 4 months due to foreign investor buying into Malaysia blue chip when USD dollar are drop in value again RM. Beside that, foreign investor already mark up the share into a very high level plus local investor had become seller all along FBM KLCI rally, so now the market is full of foreign hot money and when investor like us jump in foreign investor will made profit. I think as long as local investor still keep at the side line, FBM KLCI sure will not drop.

Foreign investor money will not long in Malaysia because they are not long term investor to build factory in here, they target is just hide they money in share and property out from USD
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