Bursa Malaysia Penny Stock Index, BMPSI, down 182 points and closed at 9,833 on 15-Nov-2007.
This is the BMPSI link for 15-Nov-2007 : http://groups.google.com.my/group/BMPSI/browse_thread/thread/1488365f66b01d45?hl=en
Trading seems to be range-bounded, but should not continue for a longer period like a couple of weeks. Heavyweights cannot perform and this is not a secret, so we are still waiting for the Bursa Malaysia to react to BMPSI. At least BMPSI is sensitive enough to reflect the market activity, even in a range-bounded situation.
This is the BMPSI link for 15-Nov-2007 : http://groups.google.com.my/group/BMPSI/browse_thread/thread/1488365f66b01d45?hl=en
Trading seems to be range-bounded, but should not continue for a longer period like a couple of weeks. Heavyweights cannot perform and this is not a secret, so we are still waiting for the Bursa Malaysia to react to BMPSI. At least BMPSI is sensitive enough to reflect the market activity, even in a range-bounded situation.
