I believe there had been some minimal effects of the local politics on the stock market, though the major impact is, of course from the current financial turmoil coming out of Wall St in the US. Indeed global financial system and investors the world over are waiting anxiously for the revised bailout plan currently being debated by the US law makers to be hopefully and finally passed!
Since March 2008, some of the favorite stocks have fallen by more than 70%. Anyway, I picked up some SIME shares on 12 September at 6.00 per unit and look at the current price last Tuesday 30 September..but I also bought some SWKPLNT shares whose price is now at rock bottom and obviously not affected by local politics but by the low CPO prices and by the negative re evaluation of our plantations by some foreign bodies... such is the volatility of the market now, many investors are taking a "wait and see" attitude. For me, I will keep looking for opportunities created by panicky horde of investors.
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