Friday, July 4, 2008

BURSA tough times ahead ?!?!?!

Bursa was suspended for the whole day yesterday 3rd July 2008. When it opens today, barely after 30 mins, KLSE was already down by 20+ points. Looking at this trend, I do not forsee any change of fortune for the remaining of the day.
In fact, since 2 weeks ago, all the shares prices have been on the decline. Sadly to say, with the current political unrest as well as the economic uncertainty and the concerns from the public after the fuel hike since early last month, everything has gone crazy...
KLSE is at the 15 month low now, and with the oil price shooting up day by day, expects the situation to get even worse. Even daily newspapers nowadays published news on how the public complains about the hard times and some column even goes as far as giving tips of how to save expenses....
Life is really tough, and with all this current turmoils I would say everybody is living in a worry state...

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