Fbm bearish all day but regional produces clueless swing with early gains near +1% but turn cautious and dips to -1% ahead of lunch break. While a weaker start in PM, to -2%, mkts bounce sharply in late Asian hours following EU +1.5% and Djfuts +80.
Fbm off lows but remains deep in red due to –ve newspaper report over the weekend ? but fkli carry forward premium stance amid +ve externals.
Technically, fkli remains above breakdw lvl but not so with fbm. Unless fbm recovers back above 1480, fkli is in danger of following fbm shadow, targeting 30-80 trading range.
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