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Friday, July 31, 2009

Intra-Day MSO 31/7/2009 1230 (Friday)


Asian markets stretched from yesterday’s gains with most major bourses added more than 1%.
FBM KLCI was also steady to end at 1,173.53 gained 12.87. Volume increased by 268 mln to 637mln.
Market sentiment started in high mood but eventually faded away with the Oscillator sliding gradually to +753.05 lost 422.09 from the starting. The Average recorded a gain of 993.75.
In view of the steady regional market, KLCI has the tendency to edge higher to test its previous high around 1,179. Market sentiment will also stay tune albeit profit taking amidst the last day of the week. (Constructed and shared by Smartbiz)

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