From: bla bla bla





1) Suddenly "someone" threw 1 lot to the buyers almost simultenously for quite a number of counters.

2) Mostly are KLCI components stocks

3) It happened near "00" second

4) If you look at the stock tracker of those KLCI component stocks, you will notice it started late 3pm and happened almost every minute till late 4pm. Is this manipulation of KLCI index?

5) It happened on the last day of a month, the settlement day for KLCI future.

6) This show could not be performance within individual capacity. It must be by a syndicate or a group of people. They are so synchronised, and they probably hold a wide range of KLCI component stocks. (Unless it is done using intra-day trade)

7) I am sure SC and Bursa are aware of this. But does this constitute manipulationof KLCI? Is this considered illegal? Will SC or Bursa take action against them?

Read more about suspected share price manipulation: Suspected stock price manipulation

This post has been edited by benghooi: May 4 2009, 11:26 AM

This doesn't call manipulation, it is more 'monkey' job.
Can discuss in the stock market thread or under BTS thread

http://forum.lowyat.net/topic/1006958/+2420