Asian stocks regained grounds after China recouped its losses by more than 2%.
FBM KLCI edged higher and higher but ended off low at 1,161.63 gained 6.10. Volume decreased by 77 mln to 347 mln.
Investors treaded water after scared by yesterday’s sharp fall. The Oscillator was seen lingering in the positive area, this morning, but lost steam and ended at +237.49 lost 85.68. The Average recorded a gain of 294.23.
Market sentiment should still be hinged on the China market this afternoon. However, gain will not be notable as sentiment remains cautious. (Constructed and shared by Smartbiz)
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