Bursa Malaysia dropped 10 points today and closed at 1,437. Its lowest level since Sept 9, 2010.
In the morning, KLSE was full of hope after it opened 5 points higher but losing steam soon after.
The huge drop that followed could be due to several reasons:
- On concerns of worsening euro zone debt crisis.
- Investors fear Greece may be going to default anytime soon, and there is also
rumour saying Greece might be leaving European Union.
- There were also signs that foreign funds were leaving the Asian region.
These could be the reasons forcing investors to sell aggressively for profit-taking or even avoid losses.
A tough day if one still actively involved in equity market.
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