JayJJ

KLCI - Hovering at a critical level

FTSEMYX:FBMKLCI   Indice FTSE Bursa Malaysia KLCI
KLCI index have a low beta compare to other indexes in the world, as negative sentiment affecting the world markets might not be as impactful to KLCI but do note that KLCI is a critical level, anything below 1572 we will likely go back to find support at 1500.

Recommendations:
- Reduce the number of stocks in your portfoilio until we see some buying back in the market
- Secure profits if you have to
- If you have to, be selective of the stocks you choose, such as industries and trend
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