QUOTE(Brico @ May 1 2015, 10:07 AM)
I wonder if a change in PM will shift the market up down or indifferent ? With all the political noise clanking away over fraud , poor leadership etcetc
I am inclined to think the perception of a change would be positive news to the stock market. So buy more stocks now..??
local n foreign investors must be thinking harder than you on this!
i can think of 3 phases....
1. if bursa gets knocked down continuously while other bourses stay firm, we know the change is imminent. insiders and people in the know will act first. nobody likes uncertainty.
2. who will take over? investors foreign and local are clever, they can read what's going on. what will next one be like? someone who has reputation to be pro-market, pro-investors? or pro-bigger budget deficit, pro-bigger debt, pro-more arrests? or someone who will do nothing and go on like before? this, u gotta find out for yrself. and remember as per tradition, pm+fin minister is one n same person, very powerful.
3. after change if any, what really does happen. talk is cheap, investors need to see the real thing.
well, for all u know, there may be no change at all in anything for some time.
This post has been edited by AVFAN: May 3 2015, 07:28 PM