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Tuesday, August 4, 2009

Intra-Day MSO 4/8/2009 1230 (Tuesday)

Asian markets mostly moved higher at the backdrop of more than 100 points gain of US market, last night. But both China and Hong Kong markets fell into red before break.
FBM KLCI edged up about 10 points immediately after the bell but softened and moved sideways for the rest of the morning session. The Index ended at 1,178.47 gained 7.16. Volume increased by 161 mln to 545 mln.
Market enthusiasm faded away with the Oscillator sliding to finish at +467.96 lost 375.90 from the starting. The Average recorded a gain of 612.99.
Since the 114 points gain of US Market didn’t ignite any flame this morning, market will remain lifeless this afternoon. (Constructed and shared by Smartbiz)

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