Finally, some upward correction for a lack of selling in CIMB ( done with ?) ( selling due to bad NPL ? ) Fbm strong but slow climb, back by bullish externals, +1% to +2%. However, fbm dips almost 7p in the last 15 mins of trading, probably on force-selling activities.
It looks like 40-60 bounce-tone market first, testing dwtrend resistance lvl. No major selling signal if market remains above 30. Can the mkt reverse it dwtrend outlook, <1460, in Sep ? If 1430 breaks, 1400 is an easy target.
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