Intra-Day MSO 10/9/2009 1230 (Thursday)

Asian stocks recouped yesterday’s losses after US market moved higher last night.

FBM KLCI went flat after staged yet another new high. At the break, the Index ended at 1,209.00 gained 12.54. Volume increased by 8 mln to 352 mln.

Market sentiment followed KLCI traded in positive note but failed to raise the note higher. The Oscillator moved sideways most of the time to break at +287.64 lost 74.73 from the starting point. The Average recorded a gain of 308.84.

This afternoon, market sentiment should be better at the back drop of strong Asian bourses and steady KLCI. (Constructed and shared by Smartbiz)