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2010-12-11

Government May Likely To End FBM KLCI At Highest Level



















Government May Likely To End FBM KLCI At Highest Level by year end. Hot money had slowly flow out from Malaysia market since end of Nov by zip zap up and down the index, you may note this by the vol is high when FBM KLCI index dip, however government is still supported the market and ever sale down in the market will follow with a buy up by government.

By the support from EPF money FBM KLCI may likely to hits 1,600 level but if at the same time hot money flow up from FBM KLCI, the index may go side ways. QEII money had started to flow into Asia market and US also think about QEIII so soon paper money will become no value.

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