“The (Malaysian) stock market is actually oversold, and (the KLCI) will probably hold at the 1,740-1,750 level for the next few days. There’s no reason for it to fall further,” Malacca Securities Sdn Bhd head of research Victor Wan told theedgemarkets.com.
Looking ahead, Wan said besides Malaysia's Budget 2018 which will be announced this Friday (Oct 27), investor sentiment will be largely dependent on announcements of more infrastructure projects, which in turn will affect Bursa Malaysia construction counters.
Today, investors' interest on Bursa Malaysia construction counters was apparent. The Bursa Malaysia Construction Index rose 5.87 points or 1.83% to close at 326.98 points.
The below is the Edge's article, so it cannot be trusted. Normally a pump and dump scheme has nothing to do with a company they invest in. Anzo, Raya International, Plastrade, Vizione Holdings and XOX are in the article, but only Anzo's stock price plunged as VenFx had spoke ill of the company and the managing director every day for 4 months
It's been almost 5 month since the Edge published the above article. No companies in the article had a problem so far! It's time investors should forget about the artcle.
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....
hstha
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Posted by hstha > 2017-10-21 01:13 | Report Abuse
FTSE Bursa Malaysia Small Cap Index
https://www.advfn.com/stock-market/FTSE/FBMSCAP/chart