Posted by Micheal Teo > 2013-06-24 15:41 | Report Abuse

Perhaps, to the said broker slip of the finger is no fault of the mind. Alternatively, to create panic in Bursa. Just my personal opinion only.

Posted by benhctan > 2013-06-24 16:05 | Report Abuse

There's no slip of brokers finger,market deliberately done in line with US Quadruple Witching Day.
Many counters have big swing on that day...eg coastal,toto,tdm,cbip,batu kawan,hs plant etc.
In fact most of the shares across the board has now covered back to the post election day.
Today Parliament starts with BN taking back control and all stocks came down to square one.
Foreign funds are firing lots of shorties in Bursa market as well and more to come.

Posted by Robertchee > 2013-06-24 21:29 | Report Abuse

I agree with benchtan deduction. Done intentionally most likely.

Posted by alenac > 2013-06-24 21:40 | Report Abuse

Not slip of the finger, they are realigning their stocks portfolio by ditching some and buying JCY and Star at a high price. But it's stupid way of buying and selling stocks. It could have been done gradually. In total this fund may be losing exchange rate as well as stock losses. RM has depreciated postelection RM3 to 3.20 per USD$1.