Fbm capping off the week on strong note, following a 5p jump in preclosing phase. Fbm mostly under 56-58 in PM on regional -1% losses vs -0.5% in AM. MAYBANK +0.22 preclosing gains push fbm to 63 from 58.
Back to May’s high level this week despite a weak external amid fear of Greece default and US recovery after post-QE2. Outside Malaysia, cautious ahead of US Fed meeting next week, Tues/Wed.
Fkli plays discount but remains in tech +ve area, if not bullish, thanks to fbm. Fbm looks eager to challenge year high, 76+ but EPF luck may run out next week and gains may short-lived if external weakness continues
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