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Greece to receive the required '130bn in bailout loans, markets immediately reacted positively

Durian Edge
Publish date: Wed, 22 Feb 2012, 08:02 AM
Durian Edge
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Malaysia Forex | KLSE Index | FTSE KLCI | Bursa Malaysia | MayBank Forex | Malaysia Stock Trading | Malaysia Share
With the US on holiday and the rest of the market holding its breath ahead of the much-anticipated meeting of Eurozone finance ministers last night, yesterday saw precious metals trade largely sideways. However, after the conclusion of the meeting, at which agreement was reached for Greece to receive the required '130bn in bailout loans, markets immediately reacted positively.

More money will be print to push food price and share move higher. This action may likely push FBM KLCI move to new high by APR.
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