Bursa Malaysia (KLSE) Daily Info Edge Zone
Too Many Seller In The Market
Durian Edge
Publish date: Thu, 05 Jan 2012, 08:16 AM
Durian Edge
0 1,080
Malaysia Forex | KLSE Index | FTSE KLCI | Bursa Malaysia | MayBank Forex | Malaysia Stock Trading | Malaysia Share
Base on 2 trading days enter into the new year, too many seller in the market to cut off they share holding. Likely FBM KLCI will dip below 1,500 before move up again. More articles on Bursa Malaysia (KLSE) Daily Info Edge Zone
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I think the important psychological 1500 level will be aggressively supported by local funds. So expect some blue chip buying when index comes close to 1500 points.
2012-01-05 09:59