Asian stock markets ended mostly higher Tuesday as investors looked for bargains after a steep fall in global equities the previous day, but the Shanghai market lost ground on worries about China's economic outlook.
Local sentiment improved after the break but remained cautious. The Intra-day Oscillator was lifted into the black in the last hour and ended at +226.28; gained 250.17 when compares with its starting point. The Average recorded a loss of 74.87.
At the end of the day, %K (yellow) of MSCD recorded as -135.02 (+10.93), %D (red) -116.73 (+3.35) and the Histogram -11.17 (-1.78). Both indicators bounced slightly but the Histogram printed a longer negative bar.
MSCD shows that overall market sentiment remains weak and hesitant though D Line has saved from falling into the downtrend channel.
FBMKLCI
FBMKLCI fell and rebounded when touching the 1,525 support today. The fact that the index closed exactly on the 20MA and printed a DOJI indicating uncertainty remains ahead. The 100MA is still a strong support and overhead resistance is 1,541.
Both FBMACE and FBMSCAP have printed white candles but were capped by the 20MA also. The 20MA is the Middle Bollinger Band which is the watershed between the positive and negative zones in the Bollinger Bands.
FLASH (Bursah)
AMPROP fourth quarter net profit surged to RM47.03 million from RM8.57 million a year ago.
LIONCOR posted net loss of RM34.34 million in the third quarter ended March 31, 2011 from net loss of RM18.53 million a year ago.
LIONFIB net profit reduced to RM5.76 million in the third quarter ended March 2011 from RM18.96 million in the same quarter last year.
BRDB net profit reduced to RM4.25 million in the first quarter ended March 2011 from RM22.15 million in the same quarter last year.
POS net profit jumped to RM38.26 million in the first quarter ended March 2011 from RM1.62 million in the same quarter last year.
HEVEA net profit reduced to RM0.339 million in the first quarter ended March 2011 from RM5.72 million in the same quarter last year.
KSENG net profit reduced to RM2.96 million in the first quarter ended March 2011 from RM13.84 million in the same quarter last year.
SWEEJOO net loss reduced to RM10.57 million in the second quarter ended March 2011 from RM23.11 million in the same quarter last year.
PETRA posted net loss of RM8.36 million in the first quarter ended March 2011 from net profit of RM3.59 million in the same quarter last year.
HWGB posted net loss of RM2.35 million in the first quarter ended March 2011 from net profit of RM9.96 million in the same quarter last year.
Local sentiment improved after the break but remained cautious. The Intra-day Oscillator was lifted into the black in the last hour and ended at +226.28; gained 250.17 when compares with its starting point. The Average recorded a loss of 74.87.
At the end of the day, %K (yellow) of MSCD recorded as -135.02 (+10.93), %D (red) -116.73 (+3.35) and the Histogram -11.17 (-1.78). Both indicators bounced slightly but the Histogram printed a longer negative bar.
MSCD shows that overall market sentiment remains weak and hesitant though D Line has saved from falling into the downtrend channel. FBMKLCI
FBMKLCI fell and rebounded when touching the 1,525 support today. The fact that the index closed exactly on the 20MA and printed a DOJI indicating uncertainty remains ahead. The 100MA is still a strong support and overhead resistance is 1,541.
Both FBMACE and FBMSCAP have printed white candles but were capped by the 20MA also. The 20MA is the Middle Bollinger Band which is the watershed between the positive and negative zones in the Bollinger Bands.
FLASH (Bursah)
AMPROP fourth quarter net profit surged to RM47.03 million from RM8.57 million a year ago.
LIONCOR posted net loss of RM34.34 million in the third quarter ended March 31, 2011 from net loss of RM18.53 million a year ago.
LIONFIB net profit reduced to RM5.76 million in the third quarter ended March 2011 from RM18.96 million in the same quarter last year.
BRDB net profit reduced to RM4.25 million in the first quarter ended March 2011 from RM22.15 million in the same quarter last year.
POS net profit jumped to RM38.26 million in the first quarter ended March 2011 from RM1.62 million in the same quarter last year.
HEVEA net profit reduced to RM0.339 million in the first quarter ended March 2011 from RM5.72 million in the same quarter last year.
KSENG net profit reduced to RM2.96 million in the first quarter ended March 2011 from RM13.84 million in the same quarter last year.
SWEEJOO net loss reduced to RM10.57 million in the second quarter ended March 2011 from RM23.11 million in the same quarter last year.
PETRA posted net loss of RM8.36 million in the first quarter ended March 2011 from net profit of RM3.59 million in the same quarter last year.
HWGB posted net loss of RM2.35 million in the first quarter ended March 2011 from net profit of RM9.96 million in the same quarter last year.
Constructed and Written by Smartbiz (FBMKLCI Chart extracted from ChartNexus)
(Note: You can read the explanation for Intra-Day MSO and MSCD from the achieves under heading "Labels" at the lower portion of the sidebar.)
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