Family of Four

An Excuse to Sell

Do you think the overheated economy in China and the Shanghai sell-down is spooking Asian markets?

I do not know about other markets but Bursa sure looks that way.Actually, I am quite worried about Bursa. The run up beyond the 1,300 level was generally led by blue chips and that means fund managers, particularly mutual funds which have been a commanding feature in Bursa this time around.

The other worrying aspects: Second board counters had hardly seen superior action. MESDAQ is a crying shame.