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Wednesday, July 29, 2009

Intra-Day MSO 29/7/2009 1230 (Wednesday)


Asian markets today underwent a real correction after 11 days of straight gains.

FBM KLCI failed to sustain its positive gesture fell into red to end at 1,164.47 lost 7.91. Volume increased by 244 mln to 742 mln.

Market sentiment followed the Index turned sour after about two hours’ trade. The Oscillator fell and ended at -559.19 lost 808.47 from the starting. The Average recorded a loss of 21.95.

This afternoon, KLCI will fall to yesterday’s starting point 1,156 if it can’t find its support at this level. (Constructed and shared by Smartbiz)

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