Intra-Day MSO 7/9/2009 1230 (Monday)

Asian stocks rose for a third day, led by technology companies and automakers.

FBM KLCI continued its upwards swing and ended high at 1,187.19.19 gained 8.45. Volume increased by only 21 mln to 305 mln.

Market sentiment though opened in positive mood but gradually faded away due to lack of confidence. The Oscillator moved flattish to break at +121.85 lost 98.33 from the starting point. The Average recorded a gain of 142.08 due to high opening.

Amidst strong KLCI and other Asian bourses, market sentiment will buck up, this afternoon. (Constructed and shared by Smartbiz)