Bursa Malaysia (KLSE) Daily Info Edge Zone

FBM KLCI Likely To Go Higher With Inflow Of Hot Money

Durian Edge
Publish date: Tue, 12 Oct 2010, 08:16 AM
Durian Edge
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Due to US dollar may likely to drop more lower, huge inflow of hot money have flow in into Asia share market. Thailand had start to impose a tax to cold down the hot money inflow, same go to Indonesia but so far Malaysia still open without control of this inflow money.

In this coming budget 2011, likely may see some tried to limit the inflow of hot money into property sector. However if government did no control well the inflow of hot money at the end we are the one will face high impact of inflation and share market may dip any time.
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