Foreign Fund in HOLD position
Foreign Fund is not taking any big action (buy/sell) in market, so we can detect that Local Fund can easily push up KLCI to 10pts+ yesterday.
With DJIA closed in green, I am expecting the KLCI will be in green too. How green it can be goes up to? Let's Mr Market tell you the answer by observing it today.
From the past 5 days, we can see that the inflows of foreign funds had stopped. The exit had slowed, and unlikely KLCI can be pushed up very high.
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