Monday, July 7, 2008

KLSE Market not stable yet

Today market trying bottom again, but I believed this 2 days market not like last week brings a heavy impact. It should be fluctuation around 10 points. If you asking me, it is a bottom is here. I am still in doubt.

Because the few factors below still affected me to comment that. It is: -

a) Oil and Oil paml may register higher and lower. If higher, the inflation rate shout up brings corporate profit in marginal. If lower, our plantation shares price may adjust heavily, this may bring composite index pressure. Because our index comprised the big ratio on IOICorp and Sime.

b) Interest rate up.

c) No solution on unstable politic in our country.

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