-fbm’s morning strength came as a surprise, on follow through despite DJ -1% drop. Financial stock and Axiata were the main force. Fkli upside however was hampered by HS -400 in the afternoon on China policy concerns. But SH +7.
-except HS, regional turned +ve in PM session, followed by Europe +0.5% in early trading. DJ futs flat…no clear sign on things to come tonight
-while supported, fkli remains cautious and yet to really distant itself from 1300 despite fbm strong effort. Not to mention the thin vol. looking good to stay above 1300 for the week, then more upside next week.
No comments:
Post a Comment