The Dow Jones Industrial Average declined 86 points(0.7% to close at 12216.40, the S&P 500 Index lost 11 points(0.8) to 1315, and the Nasdaq Composite fell 20 points (0.9%) to 2261.
This might affect our market on Monday.
Malaysian market seems to be turning to an uptrend cycle on March 18, 2008 at 1166.83. And it would normally take a while before declining. It will not be affected by the external factors if uptrend is ascertain.
There is a piece of news saying that PKR defacto leader Datuk Seri Anwar Ibrahim
will create a by-election after April 20 so that when he gets elected, he will become the opposition leader in Parliament.
Please refer to Guang Ming Daily on Monday for the complete report.