Uncertainty before and after the General Election

Bursa Malaysia FBMKLCI dropped about 9 points to close Wednesday trading session at 1627.

From its peak this year, the index has dropped about 4%. Many analysts expect the index to drop further in view of the uncertainty in the coming General Election.

So far the index is able to stay within the up-trend channel. 

From the table below, one can conclude that Bursa Malaysia will be wondering in its own world for a while until the election is over. Its direction after the election is another uncertainty.

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