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Wednesday, March 25, 2009

Malaysia Market – End of the Day


Asian markets fell in on March 25 as investors took money off the table following the overnight fall on Wall Street. Malaysian market followed suit with KLCI down as low as 871.74 but again, last minute buying pushed it up to 878.81 gained 0.89 points. The fall was due to continued selling in major plantation and banking related stocks.

The Key Indicator (Blue) of the Daily MSO Chart fell 27.89 pts to 37.58. Total volume reduced significantly to 362 mln shares.

Based on charts, market strength is still intact. (Click on Chart to view)

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