DJ +11, off highs. Europe mixed, flat.
8.15 : DJ futs -4 . Regional soft tone. NK -18. commodity firmer but within +0.5% range.
fkli : with only mild DJ+ves, mkt is unlikely to reach for new high but can expect it to be steady despite profit take pressure. Mar10 is seen taking the lower half of 1316-1325 range again unless fbm can break above 1320s. Above 1320 is a buy mkt
fcpo : after late sell off yest's mkt is likely to recover some losses today. Recovery mood if 2650 support stays, targeting 2660-2680 range. May aim for 2700 only if soyoil extends gains. SO is trading +0.7% at mom, translates to about RM20 gain.
3 years ago
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