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Monday, March 16, 2009

Malaysia Market – End of the Day


Asian markets mostly up except Malaysia. Malaysia market fell into red after about 11.00 am dragged by heavyweights such as Tenaga, TMI and Maybank. A private sector think-tank’s gloomy forecast for the local economy also weighed on the market. The key Index, KLCI, lost 2.57 pts to 840.88.
The Key Indicator (Blue) of the Daily MSO Chart edged up 16.37 to -46.73 and cut the 20-Days Average indecisively.
Market is waiting for clearer situation of the political scenario, a by-election push, may be. (Click on Chart to view)

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