Banking stocks led fbm today, extending its tech breakout scenario targeting a move move towards 1400 in the near term. 10-day-48p winning streak. Local fund is seen pushing the mkt but with cash therefore not much of profit pressure. DJ futs +34.
Fkli was more cautious today, with profit taking mode but in +ve territory area all day long b4 nearing the high again in late trading after fbm received a 2p push in the preclosing phase.
Pullback fear,15 to 20p…but no sign a major pullback…maybe if fbm dips below 40 or a weaker RM tomorrow. RM at 7-day winning streak, near 3% gain.
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