FBM KLCI Today Likely To Move Above 1,400 Level
Today is budget 2012 day, and base on the major bank share movement this week today FBM KLCI likely to broken back 1,400 level. Current foreign investor money is low in Malaysia and when Asia market go up Malaysia is free to mark up the market.
This month will be the good month to take profit in call warrant investment especially PCHEM-CB and MayBank-CR because this two share move up will push FBM KLCI higher. PCHEM likely to move up more due to when it at RM5.50 to RM5.40 many share been accumulated so soon PCHEM-CB will move to RM0.06, it is 50% up from lowest.
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