Bursa Malaysia (KLSE) Daily Info Edge Zone

KLCI Index Zip Zap Between 1,490 & 1,460 - Bullish Sign

Durian Edge
Publish date: Sat, 12 Nov 2011, 10:37 AM
Durian Edge
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Malaysia Forex | KLSE Index | FTSE KLCI | Bursa Malaysia | MayBank Forex | Malaysia Stock Trading | Malaysia Share
KLCI is moving up and down between 1,490 and 1,460 due to the avg trading vol is higher, this is a bullish sign that FBM KLCI index likely to broken 1,500 level this month.

The big buyer now come from foreign investor and local fund manager, however retail investor also see some buying but no mach, so it mean majority people is likely think the share will be good by end of the year.
Discussions
2 people like this. Showing 2 of 2 comments

steve123

can't wait for Monday to confirm your above bullish outlook and that of the plantation stock index. Thanks.

2011-11-12 13:53

Ad Edward

so kanchiong meh...

2011-11-12 23:16

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