KLCI Drop 40 Points Because Of Coming Elections?

Posted by Kris | Monday, January 21, 2013 | | 0 comments »

KLCI drop -40 points today, the most drastic drop this year to close at 1,635 points due to the rumour that election is drawing near. Duh.. What an excuse to downsell the market, as for sure the election is coming soon as a new government needs to be formed around June. Election is probably after Chinese New Year.

The stock market is literally going downhill from morning onwards.

So when is the Chinese New Year rally going to start?