We continue to view KLCI trending down below 1,600 at near term

From company results to macro economy plus local politics. We are suggesting a downward bias trading of KLCI. Of course, compare to years back. Our market now is a little more mature that some good stocks are KLCI downward prove. But we still think if you were to enter and buy into the market. Always give a lower tick as we think you can get a little bargain in coming weeks.

Until budget time!!! But if our bullets are tight now as we need to balance our book also. I dont see any too good news even if there are good news, many will think the budget spending again harmful for long term. Now is how creative is the new budget that can create spark again.

Mean time until budget announcement, we continue suggest defensive investment strategy towards asset oriented companies.

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