Bursa Malaysia (KLSE) Daily Info Edge Zone

No 2012 Chinese New Year Share Rally

Durian Edge
Publish date: Tue, 17 Jan 2012, 09:59 AM
Durian Edge
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Malaysia Forex | KLSE Index | FTSE KLCI | Bursa Malaysia | MayBank Forex | Malaysia Stock Trading | Malaysia Share
This week is the last trading week before Chinese New Year and look like share rally is unlikely for this year.

Due to most of the fund manager selling out they share in hand, any price move up will be sale down.

FBM KLCI likely hard to hold on 1,500 level if fund manager continues selling share in hand.
Discussions
Be the first to like this. Showing 4 of 4 comments

Jake

The market will hold above 1500, albeit some artificial support from invisible forces...

2012-01-17 14:48

tradersam 56

Ok..so when is the rally?? After new year?? What you think??

2012-01-17 14:51

Jake

Not in the near horizon..not when Euro problems still lingering.

2012-01-18 00:57

lotsofmoney

Just want for the general election.

2012-01-18 12:48

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