Monday, May 9, 2011

Foreign investors has started to sell Bursa shares

Last Friday, foreign investors are net seller of RM130.6m, buyer = local retail RM46.2m and Local Institution RM84.4m. (Source: The Sun)

However, there's an interesting article with title "Foreign funds buy RM3.8b stocks in two weeks" in Business Times. My first impression is "Why they look at 2 weeks instead of 1 week?"

Anyway... you can see it here http://www.btimes.com.my/Current_News/BTIMES/articles/ffund05/Article/#ixzz1Lo53jw9K

My view:
Start to be bearish, should look at day to day change instead of 2 weeks. At least, have to look at weekly changes. You can check it at The Sun daily business segment.

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