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2011-03-11

FBM KLCI Dip Near To 1,500 Level Again














Today FBM KLCI dip near to 1,500 level again and the gap between 1,510 to 1,520 still did not close. At last Friday (4 March 2011) the index jump start at 1,519 10 point up from Thursday closing and today the index start 10point lower that yesterday closing.

This effect is cause by short selling activity in the market and this sign really show that the market is full of manipulating.

2 comments:

Anonymous March 11, 2011 at 3:34 PM  

as far as i understand short selling is not allowed in bursa malaysia

Durian Edge March 13, 2011 at 2:56 PM  

You may refer to Bursa RSS approved securities update for company that allow Short selling.

There are "SECURITIES BORROWING AND LENDING AND REGULATED SHORT SELLING" that allow the big money to short selling the share but for us as a retail investor, we can't do that.

Below is the link of the list:-
http://www.bursamalaysia.com/website/bm/market_information/RSS/downloads/RSS_approved_securities.pdf

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