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2010-06-29

Bank Negara governor says inflation not a concern - This fear me up!

This morning I read a news from Malaysiainsider from Bank Negara said "Bank Negara governor says inflation not a concern" this news really made me fear!

I think everyone know daily use product & food price are moving up like without limit. How come inflation is not a concern? Beside that, FBM KLCI is the only one in positive zone at mid day trading, are we the best in Asia? or is it investor is jump in into Malaysia share market?

As I know FDI is lower month by month, this few thing really fear me up on actual Malaysia economic, thing may cover up by government.

It really show that when big fund money plus may be vary low retail investor money in market, the share will no drop even most of the share index in world is below MA200 level. I think this also the best part why KLCI index replace from 100 share to 30 share components.

2 comments:

Ivan June 29, 2010 at 1:23 PM  

WELL DONE bro . .
I think the same way as like u ..

Even when DJIA fall to 8k soon, the KLCI mostly may drop to 1100 level only.

We have "msia Boleh" slogan. .so use it wisely by Gov... to tahan the CI to fall. ..

EPF, everymth got cash flow in (part from makan gaji person).. they can use this money to push the mkt. Moreover, Gov department are linked, can transfer the fund between each other :)

Durian Edge June 29, 2010 at 1:56 PM  

Hi Ivan

Look like investor like us is getting harder to earn money in share market because when ours money no in the share, share market just been strongly supported and when we in, the share may drop anytime to make us panic.

Now just think where we need to put ours money, gold? property? or oversea? because we may not know what Malaysia economic look like, the government just cover up everything.

FDI fund not enter Malaysia due to this but we as a Malaysian where we can go?

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