Frustrated by mixed signals…fkli staged a protest , standing still most of day especially PM session, near 1305+. Fbm outperformed peers on palm-oil stocks, strong gains with SIME. GENTING strong too in PM .
Fbm at day’s high amid a 3-p preclosing push. But externals showed -1%. Europe -15 and DJ futs -60, extending losses towards late Asian hours. That’s why the discount.
Technically, not much, maintaining yesterday’s +ve stance in a sideways range where you will see a lot of pull and push. Bears will take over control if < 1300.
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