Selling Wholesale |
I guess the EPF, Khazanah and all those pension funds are liquidating their holdings in blue chips to hold on to their new acquisition of FGV shares.
This is actually quite a concern because liquidating defensive stocks like TM, Digi, BAT and also banking shares may not be a wise move even though opportunities may present itself to enter these stocks again at another time. There could be a relative loss of dividends or even appreciation as Wall Street has broken its losing streak to rise sharply on Friday last.
Wanton Seller |
The only interesting thing I found was that EPF is picking up YTL Corp shares
What gives?