Sunday, 4 December 2016

Bursa Malaysia Up. Only God Knows Why

Is a top 20 ballad hit for Kid Rock, taken from the album Devil Without A Cause.

Bursa Malaysia's KLCI is up marginally at mid day by 1.19 points to 1630.15 points, but Only God Knows Why.

The benchmark index, increasingly no longer reflects the broader market, and this could be a bad sign indicating that actual retail trading had dried up, and the KLCI index, is merely held ransom by the obligatory trades from government backed funds .

Where is Value Cap, when we need it, because at current levels, the KLCI is staying positive is akin to a Devil Without A Cause considering today, there are 167 gainers, 240 losers, 482 unchanged and 877 counters that ARE not TRADED at ALL