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2011 Last Trading Day FBM KLCI Likely Close Same At A Year Ago

Today last trading day for 2011 may likely to see FBM KLCI close back as last year 30 Dec 2010 at 1,518 level. However, FBM KLCI successfully close above 1,500 level is not due to most of the 30 share moving up.

The index is fully supported by 3 Petronas share but 3 major bank MayBank, CIMB and PBBANK did not show any big jump. PBBANK manage to recover back to above 13.00 level (Most of the fund manager rate it hold) MayBank and CIMB still did not recover back. This show that Malaysia economic did not get better compare last year.

For me, next year my profile will move more from my bank share into Petronas share due to the share is control by government and the price can moving up without high vol. I think goverment will mark the price higher to support FBM KLCI when the economic is bad and GE 13 is near.

At last here I wish all my blog reader happy new year and get more profit in share at 2012.


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My investment with RM5,000 initial capital have been growing since 2005.I found the stock market appears confusing and complicated, but it is most definitely based on logic "supply and demand". However, the laws of supply and demand as observed in the markets do not behave as one would expect. To be an effective trader, there is a great need to understand how supply and demand can be interpreted under different market conditions and how to take advantage of this Off Market Transactions in KLSE.

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