World markets are crashing on Greece issue getting worse, and KLCI unavoidably falls for 17 points not just due to Greece issue, but also political issues and tumbling of crude oil prices.
For this reason, KLCI has back to the tension same as those days before Fitch ratings, and due to this reason, we forecast KLCI to break below 1700 once again and the KLCI-HK put warrants to head for RM0.15 by this week. In fact, RM0.165 is also possible within this week due to extra worried from China and Hong Kong market’s tension.
So, do spare some put warrants in portfolio for hedging purposes and also, traders can grab in extra lots of put warrants for trading purpose in order to gain extra capital for future trading and investing.
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