Monday, February 04, 2008

Better be in Dub rather in Doubt

KLCI closes +1.9% to 1419.66, led by large-cap companies, as investors shore up stocks in anticipation of a rally ahead of the upcoming general election and Chinese Lunar New holiday. The index will trade up to around the 1450 level this week with upside buys ahead of the Chinese New Year and expectation of a pre-election rally. The market will be closed Thursday-Friday for Chinese New Year break.


1 comment:

M Nazri said...

I agree. This week, we have only 3 days to trade. The CI is likely to go to 1450......Last but not least....Happy New Year and Happy holiday. Dont forget to get ready for pre-general election rally next week.