Why KLCI Down Today

KLCI down 12 points to 1566 at around 4.30pm and was traded with thin volume.

Several reason behind the double digits fall. One of them could be the Bersih 3.0 to be held tomorrow.

The Euro financial crisis surfaced again. Even though Dow Jone up almost 1% or 113 points last night. It does not help world market from falling down.

May be the investors took this 'excuse' to sell-off or exit market ahead of May.

"Sell in May and Go Away"

The staging of Bersih 3.0 tomorrow and also the public holiday on next Tuesday are major influence to KLCI turning red today.

Hopefully Bersih 3.0 will be held in peaceful manner and with minimal trouble or no trouble at all.