Wall Street KLCI
The return of foreign investor to Malaysia?
Wall Street KLCI
Publish date: Tue, 10 Sep 2013, 09:08 AM
Wall Street KLCI
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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.
1. Yesterday, foreign buying turned net buyers with RM159m after about 2 weeks of consecutive net seller.
2. This could be caused by positive economy data from China which shows that exports rose more than consensus estimate.
3. Conclusion: It's time to buy again... Stocks that I am looking at include PPB Group, Zhulian and Fibon.
2. This could be caused by positive economy data from China which shows that exports rose more than consensus estimate.
3. Conclusion: It's time to buy again... Stocks that I am looking at include PPB Group, Zhulian and Fibon.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
eftee
Does it mean the currency strengthen against USD they are buying in? Yesterday morning it was 3.31 and ended day higher. Today it was 3.27. So much change in a day.
2013-09-10 09:38