DJ -186p/-2% , 1 ) Alcoa lower-than-expected 1Q09 result and 2) GM is seen filing for bankruptcy.
NK -1.5% Kos -1%. DJ futs +6p.
The by-election result BN1 vs PKR2 will no provide any upside momentum. Najib and Mahathir failed to pull voters to BN favor yet.
FKLI is seen near 910 and may challege 7SMA support. 904-917 for the start. Will intra-day weakness shift gear to a negative mkt in the coming days ? Like it or not the market is sill positive if above 7SMA.
3 years ago
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