Fkli wrap..too bad... underperform..Fbm 40 jinx

Fbm was very sluggish today, -ve most of the day. No interest in Top 30 stocks today despite strong externals….EPF why so quiet! Regional +0.5% on DJ led. Europe renewed years high but Dj futs -15.

Fbm turned +ve in preclosing stage with a 4p push on light bargain led by AXIATA ( 1.5p/4p)

Fkli shot near 50 in early trade but turned for the worse after fbm easily gave up 40 mark. It was all the way dw thenafter…mostly 37-38 in PM. The mkt was given a lifeline amid fbm’s preclosing bargain. As impressive, fkli also recovered 4p in late trading.


Technically, toppish again like around 40, especially fbm , but as long as mkt above 30, the uptrend momentum remains intact..albeit sleeping mode…..just need to give it a whack!