Monday, March 01, 2010

Fkli wrap..bullish tone..trekking 1270-1300 trail






Strong start for March , at 1-mth high. Axiata, CIMB again led the gains. Further enhanced by regional gains, push by strong metal prices. Copper strong on closure of mining activities after Chile’s earthquake, the top producer of copper. European share start 1% higher. DJ futs +60
Technically, mkt creates fresh momentum today, eyeing 1300. Immediate support is raised to 70 from 60.

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