Asian markets stretched their gains with most bourses added more than 1%.Conversely, FBM KLCI continued to sink deeper and zigzagging in the red for the whole morning session. The Index ended at 1,152.96 lost 2.92. Volume decreased by 117 mln to 479 mln.
But, market sentiment remained positive with the Intra-Day Oscillator surged and cut its Average before the break. The Oscillator ended at +212.23 gained marginally 4.23 from the starting point. The Average recorded a gain of 158.10.
This afternoon, motivated by the strong Asian bourses, Index should be able to return to positive zone but gain will be listless, if any. However, market sentiment will continue to have the support from 2nd Board counters. (Constructed and shared by Smartbiz)
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