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Bursa Malaysia (KLSE) Daily Info Edge Zone

Market test show no panic selling

Durian Edge

Publish date: Thu, 17 May 2012, 08:14 AM

Yesterday market test show no panic selling. Now FBM KLCI index already drop below MA100 due to net selling of Foreign investor, however the mark down did not cause panic selling to the market.

This really show that, retail investor in share market is very low. A bound back likely to happen today so the vol will be the sign of share market will go down or sideways.

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