Latest update: Stocks and FKLI started to cool down in the noon session after the launching of the 10th Malaysia plan. The market lack of support ahead of the World Cup which will kick off this coming Friday. Apparently the volume at this stage (3:37pm) has >530 million shares but Talam alone has contributed 237 million shares exchange. We advice to trade with caution or stay sideline. Please check our trading strategy located on the right hand side timely.
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Please take note that the 10th Malaysia Plan will be launched by our PM today. Some of the GLC companies like UEMLand, MRCB, CMSB, Gamuda......etc may be awarded some big projects. CMSB, HSL, Coastal....are located in East Malaysia. Below is the chart of CMSB....click to expand.