Bursa Malaysia (KLSE) Daily Info Edge Zone
Finally FBM KLCI Broken 1,600 Level
Durian Edge
Publish date: Tue, 03 Apr 2012, 08:05 AM
Durian Edge
0 1,080
Malaysia Forex | KLSE Index | FTSE KLCI | Bursa Malaysia | MayBank Forex | Malaysia Stock Trading | Malaysia Share
As you can see world share market is getting new high from US, Euro and Asia. We still hear the debt problem from US and Euro from time to time but what we see in share market is another story so it really show that the world is printing huge paper money. New note issue out but old note still using like RM50 in Malaysia.
Foreign investor still flow in into Malaysia share market and waiting the GE13 to announce, will then flow out once the announce? I really did not know, however so far the market move up really help us to make some profit, thanks to foreign investor.
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1 person likes this. Showing 3 of 3 comments
But today jump start, open with 4 pt gap. It might not last. But as you said Jonathan, i might sell in April & go holiday in June.
2012-04-03 09:28
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FDI is parking their funds in Malaysia temp to take advantage of our stable Ringgit and partly because of the unstable situation in Thailand and Indonesia.
the coming GE13 is another underlying news flow that might push the market higher. funds money are motivated by dollar and cents not our malaysia GDP.
KLSE top 50 counters mainly supported by PNB, Khazanah,EPF, LTAT, TH and other domestic funds (unit trust,insurance, banking invsetment)
make the money while the going is good but remember the old saying " sell in may and go away ( summer holiday ) " in June
2012-04-03 09:03