Bursa Malaysia (KLSE) Daily Info Edge Zone

FBM KLCI Hits Old High To End 1Q2012

Durian Edge
Publish date: Sat, 31 Mar 2012, 01:27 PM
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Foreign investor continues to buy up FBM KLCI index and it end 1Q2012 with hits old high. Foreign investor fund already invest more than 3bil into Malaysia share market.

Likely once the GE13 date had been fix the big dip will come very very fast. RM3bil foreign fund in the market also show RM3bil flow in money market ready for GE use. EPF become the major seller for few week, news said because due to dividend but we all know the dividend in EPF still a number, most of the working group can not take all out to invest so I think it is for GE13 use.
Discussions
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usry

Agree with the author of this article and we will prepare for big dip.. Market too tight already..need some correction..

2012-03-31 15:50

mm310

totally agreed. rumour said the GE most likely will be in early June.

2012-03-31 21:49

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