Bursa Malaysia (KLSE) Daily Info Edge Zone

FBM KLCI Move Up Due To In Flow Of Printed US Dollar

Durian Edge
Publish date: Mon, 04 Jul 2011, 04:53 PM
Durian Edge
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FBM KLCI is one of the best performer market in the regional last month when must of the Asia market is deep into red. It is the foreign fund that is holding us up while the rest of the financial US and regional market meltdown. Most of Asia market is rejecting the in flow of US printed money because the downside effect is very bad but Malaysia is the only market that welcome the money so FBM KLCI is hitting new high.

Well, one day all this printed USD will flow out and when it happen market will deep in red. Now retail investor need to be very careful in buying into the market.
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