DJ -24, did not perform to mkt expectations on inflation fears ( short term noise) European mkts cls aobut 1% higher.
8.10 : DJ futs +2. Nk -10. Kos -6
Initial setback is expected for FKLI due to the premium. However, expected a firm tone mkt as more money are expected to put into work on the downside and would not discount another run up in the later stage. KLCI is likely to stay above 1080 until fruther fresh external factors appear.
Below 1079 would provide intra-day sell signal.
FKLi is seen opening soft around 1085.
5 years ago
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