FBM KLCI Fully Supported By CIMB
A last min push up by CIMB really saw ours FBM KLCI is control by government. As US DJ index and S&P 500 drop Asia regional also drop due to bad news roll out from US recovery data. However if you analysis by chart, this correction is needed for the index to continues to bound up.
Up to date FDI still slowly flow out from Malaysia and I think if government continues to control the index, more FDI fund will flow out. Yesterday or since Budget 2010, Tel sector is doing vary will like GParket and REDtone is bounds up vary strong but all this is not in FBM KLCI.
3 comments:
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