KLCI will trend lower due to Sulu case

We do not believe in any significant impact on recent Sulu case. However, market does not like uncertainty and we believe many will side line to wait and see further development. Thus we believe FBM KLCI will drift lower in coming week.

We do not intend to make detail comment but we feel that Sulu militant armed and entered into our country is something that cannot be accepted. No matter there is a case or no case on claim of Sabah. There is no right to challenge a country with invasion and killed enforcers that have families too.

We send our condolence to our officers that sacrificed for country safety. Rest in peace and Malaysian will remember and have one united voice on this incident.

Update: we will buy into the market if drop due to Sulu case as support.

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