Bursa Malaysia (KLSE) Daily Info Edge Zone
FBM KLCI Close Above 1,520 Is A Good Sign
Durian Edge
Publish date: Wed, 30 Mar 2011, 08:17 AM
Durian Edge
0 1,080
Malaysia Forex | KLSE Index | FTSE KLCI | Bursa Malaysia | MayBank Forex | Malaysia Stock Trading | Malaysia Share
Yesterday FBM KLCI close above 1,520 with high vol show a good sign for short term bullish. Next month APR may likely see FBM KLCI to move higher, when retail investor back into the market, big money will mark up the share slowly so the buying season is ended if FBM KLCI continues flow up. Do remember that till now most of the major problem in Middle East, Japan and Euro financial problem is not yet over, just that "no news is good news" for share market mark up process.
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