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MYR 50.0¢

S&P DJ Indices March Qtr Rebalance

  1. mistie

    1,340 Posts.
    More pain to come at this rate for shorters, as most likely in four weeks time MYR will be resubmitted into the S&P/ASX 100 Index as a result of the March quarterly review delivered in the first week of March.

    Combined with decreasing interest rates and the pending dividend announcement and this will result in additional strong upward buying pressure.

    I would be closing now. $2.20 before half yearly dividend paid out, IMO.

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