The market's sentiments & prospect still weak. Not to be optimistic yet.
Yesterday we saw the Index up 30 point and market volume surge to 656 mil shares. Is this the panic buying ? Why the buyer suddenly find our market attractive ? or This is a TRAP to push up the share price for them to exit at higher price ? (for the Foreign and Local Funds, they just can't EXIT in such low volume, no buyer market)
ALMOST ALL INVESTOR or PUNTER HAS LOSE INTEREST IN BURSA,
The political uncertainty is here to stay and will not end in short term . I certainly hope it will not getting worse.
The Malaysia economy is slowing down due to Increased Inflation.
Credit tightening by Banks & Major supplier will affect cash flow for many businesses.
Consumer cut spending.
ANY BUYER FOR SHARES IN BURSA MALAYSIA ???
Just to be cautious, advisable to take a break in this 2-3 months, at least.
1 comment:
Ya lol , i felt the same too when sudden rise! the market now very tricky...'' a time to hold, a time to buy, a time to let go and as well a time to watch out!...
Post a Comment