Tuesday, December 14, 2010

Morning start...fkli firm 1510-13 fcpo strong 3740-50

DJ +18, small moves again. Europe +1%

8.20 DJ futs -8. regional mixd. , -0.15 to +0.15. NK lower on stronger yen effect. Commodity firm to higher on weaker $ effect.

fkli : RM strong, a boost for fbm ? generally +ve unless selling in CIMB continues. fkli seen steady within 1510-15 range. Above 1513 is a strong mkt today. Dwside seen limited near 1505, if 1510 support breaches.

fcpo : SO +1.3%. fcpo seen testing 3750, even 3800 if SO strength continues. tech bullish if > 3720.

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