KLCI retreated together with Asian markets after Dow Jones closed lower last night. The Index lost 10.32 pts to 913.45.Locally, overall market sentiment was also softer after been robust for four days. But, the Intra-Day Oscillator cut its own Average around 1030 and climbed higher indicating buyers were nibbling on sell-down stocks. The Oscillator finished at -250.22 after falling as low as -283.61. Average Volume also decreased to 1.66 m/mn.
This afternoon, market sentiment should remain cautious with some buying on situational stocks.
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