Yesterday KLCI index closed at 1237.08, a whopping decline of 35.79 points from Monday’s closing.
This is one of the biggest fall in a day’s trade since the days of 1997.
I do not know why but my heart felt heavy when I read the latest update online around 5.30pm. Some fear grip me.
There were expectations that the market will fall after it had been in the bull run since end of last year, however we were caught unaware by this big fall.
There were expectations for the market to continue bullish till it reaches 1350 points.
There were news that we(our country) are performing well fundamentally.
On the other hand, we do not know how long these foreign funds will help to accelerate or sustain our market.
Whatever happens and like in any market, there tend to be gainers and losers.
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