Still Remember When Anwar Being Capture During Asian Financial Crisis ?

To be specific, today I was busy doing my works and I don't have the time to watch the market movement. At closing I did try to figure out how our market doing today. If we go through the overall market movement today, there is nothing or any news to cherish this market.

Eventhough the KL Composite Index drop -10.42 points to close at 1,148.68 points the market still remains healthy at this moment. Only the movement in Dow Jones Industrial Average upwards and Crude Oil prices falling will help the market.

To me I'm expecting the Crude Oil prices to fall futher to help the share market. During my posting of this article the Crude Oil prices has fall to a new low at USD 119.50. Hope for the best for our share market.

Plantation counters are not doing well because of their Crude Palm Oil prices tumbles across the board. The Crude Palm Oil for October contract drop RM -60.00 per tonne to close at RM 2,890.00 per tonne. That shows that their earnings will likely to be hurt in near terms.

In the case of Datuk Seri Anwar Ibrahim forth coming battle for a seat in Parliament by going through a by-election in Permatang Pauh, I would like to ask this question whether he can really stay on until the date of the election. Why I'm asking this question ? It is because if Datuk Seri Anwar being capture before the election date, will the market react by surging or tumbles ? Anyone got the answer for this question ?

These are some of the scenario we need to take as a pre-cautious towards our KL Composite Index. Anything can happen and we just can't avoid the facts that the Malaysia government will try its best to solve the sodomy cases. Still remember how the market react when Datuk Seri Anwar being capture during 1997 Asian Financial Crisis ?