1Q2012 trading day is about to end today with 2 report from US, Initial jobless claims fell to 359,000 ' above the 350,000 consensus estimate among economists ' while a revision to fourth quarter GDP showed no change; economists were expecting GDP to rise to 3.2% had show that US economy still up and down.
Back to FBM KLCI, foreign fund buying heavily and EPF sold heavily since mid Feb 2012. Due to heavily sold share from EPF and PNB, our FBM KLCI index did not move as high other Asia Market. Foreign fund already buy into Malaysia market more that RM2.5bil, if they did not pull the investment likely Malaysia share will go higher but if they pull out the investment, the index likely to be remember.
Now Buy, Sell Or Hold will be a hard decision.
lotsofmoney
just take a holiday.
2012-03-30 12:25