Intra-Day MSO 6/8/2009 1230 (Thursday)

Asian markets continued their downside route but losses were shallow.


FBM KLCI bucked the trend with gains but gain was not notable as the Index ended the morning session at 1,180.98 gained only 1.49. Volume decreased by 20 mln to 442 mln.

Again, market enthusiasm lost steam with the Oscillator lingering downwards to finish at +196.18 lost 69.06 from the starting. The Average recorded a gain of 235.51.

This afternoon, market will remain sluggish as market has lost its direction for the moment. (Constructed and shared by Smartbiz)