Wall Street KLCI
KLCI +19points but net foreign selling RM281m?
Wall Street KLCI
Publish date: Mon, 17 Jun 2013, 09:10 AM
Wall Street KLCI
0 1,080
THIS BLOG IS RELATED TO OBSERVATIONS REGARDING STOCKS TRADED IN MALAYSIA. DISCLAIMER: THE COMPANY ANALYSIS THAT APPEAR IN THIS BLOG IS MERELY FACTS GATHERED FROM DIFFERENT SOURCES AND THE AUTHOR'S PERSONAL VIEW. IT IS NOT A BUY OR SELL RECOMMENDATION. THE AUTHOR DO NOT GUARANTEE THE ACCURACY OF THE FACTS BEING PRESENTED. PLEASE CONSULT YOUR INVESTMENT ADVISORS BEFORE ACTING ON ANY INFORMATION PROVIDED BY THE ANALYSIS ABOVE.
Yes, that's what happened last Friday....
To balance the number, net local net buy RM229m followed by net local retail RM52m.
What does that mean?
Looking at net foreign selling trend, it should be hard for KLCI to break through 1670 this week.
Expect minimal upside for KLCI.
To balance the number, net local net buy RM229m followed by net local retail RM52m.
What does that mean?
Looking at net foreign selling trend, it should be hard for KLCI to break through 1670 this week.
Expect minimal upside for KLCI.
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