Asian stocks gained marginally as Chinese market returned to black after yesterday’s sharp fall.
FBM KLCI tumbled immediately after opening but managed to edge higher before the break to end at 1,169.68 lost 4.59. Volume was thin only 232 mln shares were traded. Market sentiment was weak with most investors sidelined after Chinese market’s deep fall yesterday. The Oscillator ended at -324.31 gained 2.01 from the starting point. The Average recorded a loss of 321.74.
There is no sign that market sentiment will improve this afternoon as local investors are still digesting market recent turmoil and some are in holiday mood. (Constructed and shared by Smartbiz)
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