Asian markets continued to rise but in slower pace.
FBM KLCI reversed its downswing pattern but climbing higher and higher, today. The Index ended at 1,167.70 gained 11.27. But volume only increased slightly by 19 mln to 498 mln.
Market sentiment remained fragile and retreated around 10:30 am even KLCI still staying high. The Oscillator fell and ended at +244.49 after climbing as high as +414.66. The Average recorded a gain of 286.71.
This afternoon, the Index should be capped around 1,169 after adding nearly 12 points this morning. However, market sentiment will, again, turn cautious because Index has set another record. (Constructed and shared by Smartbiz)
FBM KLCI reversed its downswing pattern but climbing higher and higher, today. The Index ended at 1,167.70 gained 11.27. But volume only increased slightly by 19 mln to 498 mln.
Market sentiment remained fragile and retreated around 10:30 am even KLCI still staying high. The Oscillator fell and ended at +244.49 after climbing as high as +414.66. The Average recorded a gain of 286.71.
This afternoon, the Index should be capped around 1,169 after adding nearly 12 points this morning. However, market sentiment will, again, turn cautious because Index has set another record. (Constructed and shared by Smartbiz)
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