Monday, October 05, 2009

Market Wrap : ahlong now...


Strong in PM, helped by strong Europe, HS. But most likely kwailow bargain (relative to other Asian bourses) buying set fbm’s pace today. Strong ringgit throughout the day, hit year high around 3.4590. Fkli turnover is among the lightest this year.

Technically, back to positive-bias, above short term SMA. Can expect another attempt to breakout higher.

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