We believe KLCI will pick up some activities after CNY. However, due to general election looming. KLCI will continue range bound in tight range to lower before final result is known.
North Korea nuclear test unexpectedly calm and no show from other countries of Asia. We will temp give it a pass and turn back to defensively stay invested. Any dip below 1600 will trigger our gradual bargain hunting.
We start monitoring YTL as its share price corrected to below RM 1.60. YTL Corp still on its growth path and we will buy if it is below RM 1.50 as good price to us.