Tuesday, May 26, 2009

MarketWrap : FKLI follows regional sentiment....


Quiet and mostly position adjustment activities. Without US leads, sentiment was weak, but without major selling pressure, as profit taking continues. Fresh positions stay sidelines, waiting for the next move. While sentiment remains fragile, the market is keeping its upbeat outlook and not giving up yet for further upside.
FKLI suffered late selling activities as intra-day sentiment did not improve . Wide discount to KLCI indicates desparate selling or cut loss selling.

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