KUALA LUMPUR: BIMB Securities Research expects buying to emerge soon as the market is oversold at the moment. “The immediate support level for the FBM KLCI is seen at around the 1,730 level but we expect buying to emerge soon as the market is oversold at the moment,” it said.
KUALA LUMPUR: Malaysia’s blue chips extended their losses for the fourth day in five on Friday as foreign selling seems to be continuing, with plantations and telcos among the top losers though analysts expect buying to emerge soon.
RHB Research has upgraded the country’s technology sector to “overweight” from “neutral” on the back of market selldown on fears over further weakness in crude oil prices.
The majority of the technology manufacturers listed in Malaysia are export oriented with over 90 per cent of their products shipped to foreign countries,”
Lower oil prices would help to increase consumers’ spending power in oil-importing economies
ckwong86 It's in your trading software, depends what bank you are using, I'm using N2N software which CIMB and Affin are using right now. Although it looks old and small, but so far it's the best trading software and very fast reaction ..
Msia really that bad ? I think that more ppl n fund houses will shirt their O&G sector to Tech or other sectors. Don't let foreigns ppl look down on us, we can improve and first starting to support local funds. Gambateh For Priva tomorrow !
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Fellowship of the ring
433 posts
Posted by Fellowship of the ring > 2014-12-04 20:44 | Report Abuse
Drop to .115 u buy somemore tn nx week drop to .085