New RM 20 billions fund for valuecap and Khazanah injection will boost KLCI in short term 

We think the sentiment is largely lifted up deal to Najib announcement of additional RM 20 bill to buy undervalued stocks by the government.  Additional RM 6 billions over announced by Khazanah are evidence that lots of liquidity in Malaysia.  We think KLCI will stable above 1600 in short with buy on dip suggestion.  KLCI related with middle cap linked to government funds will be the best bet.  

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Blog at

Up ↑

%d bloggers like this: