
For the past few weeks, share market has been in a flip-flop condition. With many people expecting a bear market towards the end of the year, here comes the bulls running wild. The momentum has been tremendous and it is almost certain that we have passby the long-waiting "V", not until the swines came out from nowhere. The bull has certainly lowered down the gear in around a week ago. However, business is about to pick up again during the end of last week and the opening of this week (after the long weekend holidays due to Labor Day) showed that the market is still bullish regardless of the news on the deadly Influenza A (H1N1) spreading around the world.
Back to our local shares, KLCI fared very well too, will the share points successfully passed the 1,000 test level and maintained within the range of 1,000 - 1,030. Blue-chips are the main gainers, with boosted confidence in consumers continue to invest in equities.
On personal note, here are 3 local shares with good fundamentals and showed to have bright perspective & most importantly, safe to invest in long run:
YTLPOWER,
IJMLAND, and
LION Div.