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"...Health, happiness and success depend upon the fighting spirit of each person. The big thing is not what happens to us in life, but what we do about what happens to us..."

Friday, December 17, 2010

POSITIVE CURRENT MARKET OUTLOOK


þ Local economy is on the rise due to 1Malaysia Budget rolling up particularly on 1Malaysia Tower which brings more boosters to construction, energy and telecommunication sector and creating more jobs
þ Listing of new large cap player such as MISC Marine and Petro Chemical will pump in more than RM7.7 billion capital into BSKL this month
þ Malaysia General Election which was widely spread in the market talk will be held in next Mac or April 2011 will boost up local market sentiment
þ Current FDI was increased gradually through Invest Malaysia Campaign and now has increased up to 27% according to Finance Ministry of Malaysia.
þ Recovery Period is on the go and fund manager’s new target for KLCI to hit 1620pt in 2011


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