Tuesday, July 19, 2011
BFM89.9: Property Sector Due for a Correction
Posted by
Benny
at
8:38 AM
Next View Sdn Bhd Chief Market Strategist Benny Lee tells us what's ahead for the market this week post-eurozone stress test results and pre-June CPI announcement for Malaysia, and where support and resistance levels are for FBM KLCI. He also discusses the property sector from a technical perspective as CLSA has downgraded the property sector rating to neutral from overweight, as well as MAHB. Stock he's looking at today is Hiap Teck Ventures.
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