Bursa Malaysia (KLSE) Daily Info Edge Zone

Again FBM KLCI dip on opening

Durian Edge
Publish date: Wed, 24 Nov 2010, 12:42 PM
Durian Edge
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Due to N Korea incident,FBM KLCI open with a big dip however smart money buy back the share with lower price. For FBM KLCI to dip below 1460 level will be unlikely due to huge amount of hot money still in Malaysia share market plus support from EPF. Malaysia still did not gap any flow in of hot money so Malaysia soon will be a good target for hot money to invest in.

As a result the FBM KLCI may fly sky high and economic data look very good but ours purchase power will dip to a lowest level that we might not see yet in the history.
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