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Monday, July 20, 2009

Intra-Day MSO 20/7/2009 1230 (Monday)

This morning, Asian markets continued its upswing journey with both Korea and Hong Kong gained by more than 2%.

FBM KLCI followed its peers setting yet another record to end at 1,136.52 gained 15.62. But, volume decreased by 71 mln to 456 mln.

Market sentiment was moderately optimistic with the Intra-Day Oscillator climbed to end at +388.94 gained 214.34 from the starting point. The Average recorded a gain of 277.09.

It is anticipated that market optimism will continue but Index will face its resistance soon around the 1,136 -1,140 level. (Constructed and shared by Smartbiz)

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