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5 comment(s). Last comment by speakup 2018-01-25 10:22
Posted by ChloeTai > 2018-01-25 09:10 | Report Abuse
Agree. Now no clear direction. Looks like toppish but there is no clear crisis to sell down. Better stay sideline. I do not think Bank Negara will raise interest rate today.
Posted by Junichiro > 2018-01-25 10:01 | Report Abuse
Bursa does not need a crisis to sell down. It is the gomen funds that engineer a sell down n after hitting a low, they buy back n we, the ikan bilis, also chase after the shares on seeing it rebounding. Gomen funds e.g. EPF ... survives using this method since they are the dominant force in Bursa. Retail n foreign funds make up only a small percentage.
Posted by Felicity > 2018-01-25 10:04 | Report Abuse
Precisely
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Bursa does not need a crisis to sell down. It is the gomen funds that engineer a sell down n after hitting a low, they buy back n we, the ikan bilis, also chase after the shares on seeing it rebounding. Gomen funds e.g. EPF ... survives using this method since they are the dominant force in Bursa. Retail n foreign funds make up only a small percentage.
Posted by speakup > 2018-01-25 10:22 | Report Abuse
http://cpteh.blogspot.my/2018/01/e-meeting-preparation-for-crash.html
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Posted by Mohd Fahmi Bin Jaes > 2018-01-25 07:44 | Report Abuse
they also want to buy at low price