Malaysia composite index is crashing
18 Sept 2008 is Najib's first day as Malaysia Finance Minister. During the morning session, Bursa Malaysia faced heavy sell down and lowest at 963 point, looked very familiar as the relentless forced selling. However,when the selling weakened in the afternoon, and Najib made his move to push up share prices especially those related to Composite Index such as IOICorp. Owing to the fact that Najib is new to the market, he pushed the share price of IOICorp too much and this gave speculator an opportunity to made some bombardment.
Composite Index cannot make a recovery move unless Badawi is willing to step down. Frogging only make the situation very humiliating for Badawi.
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