Malaysia Stock Market~KLCI

recently our KLCI hit the 1530 point to be the highest point ever!!
then close at the 1528...
we enjoyed the uptrend for 3 months dy!!
it is good to have some small correction!
11/11/2010,
we can see the profit taking activities going on...
will it be a major correction??
i don't think our KLCI will get a major correction of 10% in near term...
PE of 16 still consider OK...
outlook still bright...
all economic numbers are good...
no HOT $$ running from the KLCI...foreign involvement in our KLCI only around 20++%


12 point decrement is due to the BIG stocks...
we have 9 index stocks in the top loser list!!
PBB,BAT,HLB,PetDag,Maybank,TNB,DIGI,RHB,KLK...
thats why our KLCI drop yesterday!!!
market sentiment is still here...

lets see what will happen today...
last trading of this week...
return back to above 1524??

No comments: