Say cheese!
Was that fun or was that fun?
The culprits?
Pick your poison.... in random order
Sime Darby
Petronas Dagangan
IJM
DIGI
MISC
KLK
IOI
TENAGA
PPB Group
HLFG
MHB
HL Bank
MISSED OUT....
PETGAS
AIRPORT
ps: see the volume..
ps: where's the calculator...
ps: did i miss out any stock?
ps: Wanna know more about flash crash? Click here: Flash Crash
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From the Edge Malaysia: KLCI plunges 70 pts due to trades keyed by broker
- An official from Bursa Malaysia Securities Bhd in an e-mailed statement confirmed that the drop of the index at 4.41pm on Friday was due to trades keyed in by the said broker.
Among the stocks that fell steeply before paring down losses were KLK, DiGi and PPB.
Err... is that all there is to say?
-----
This was on Business Times. ( Small piece -- it's like NOTHING happened.
- Bursa: Sharp fall due to broker deals
Published: 2011/10/22
KUALA LUMPUR: Malaysia's stock exchange operator, Bursa Malaysia Bhd said a sharp drop in the FTSE Bursa KLCI, its benchmark index, was due to trades keyed in on select index component stocks by a broker.
The KLCI dropped 4.8 per cent at 4:41pm to 1,371.92 points from 1,440.52 points before recovering 10 minutes later.
The benchmark index closed down 0.2 per cent for the day at 1,438.83 points.
Bursa did not say if the trades were made deliberately or by accident. - Reuter
Read more: Bursa: Sharp fall due to broker deals http://www.btimes.com.my/Current_News/BTIMES/articles/BURTA/Article/index_html#ixzz1bT5W6VQL
Here's Star Biz comments: KLCI down on cautious stance
Flash crash? What flash? ( I guess the flash must be really such a flash that they saw absolutely nuthin'! )
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