Bursa Malaysia (KLSE) Daily Info Edge Zone

The Sale Off Is From Local Institution

Durian Edge
Publish date: Thu, 05 Apr 2012, 08:23 AM
Durian Edge
0 1,080
Malaysia Forex | KLSE Index | FTSE KLCI | Bursa Malaysia | MayBank Forex | Malaysia Stock Trading | Malaysia Share


Yesterday pull off is due to big seller from Local fund manager. With the new no QE3 likely had drop share around the world and also gold price, so most of the investor is favorites printing money. Current foreign investor still buying into Malaysia market with they printed money, Malaysia big investor institution like EPF and PNB selling share to get money for GE13 use, so I think Malaysia share market may likely be supported before announcement of GE13.
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment