Local sentiment recovered slightly with selling pressure eased on stable regional markets. The Intra-day Oscillator started in the red but was seen zigzagging in tight range for the rest of the day. Last few minutes lifted it to end at its day-high at +93.19; gained 214.48 when compares with its starting point. The Average recorded a loss of 112.24.
At the end of the day, %K(yellow) of MSCD recorded as -157.71 (+8.26), %D(red) -149.56 (+2.99) and the Histogram -9.81 (+0.42). Both indicators edged slightly higher and the Histogram printed another shorter negative bar.
MSCD shows that overall market sentiment has stabilized as investor believes the US debt deal will be putting through. Aggressive buying was seen during the last hour trades.
FLASH (Bursah)
PERSTIM net profit decreased to RM14.73 million in the first quarter ended JUN 30, 2011 from RM24.25 million a year ago.
At the end of the day, %K(yellow) of MSCD recorded as -157.71 (+8.26), %D(red) -149.56 (+2.99) and the Histogram -9.81 (+0.42). Both indicators edged slightly higher and the Histogram printed another shorter negative bar.
MSCD shows that overall market sentiment has stabilized as investor believes the US debt deal will be putting through. Aggressive buying was seen during the last hour trades. FLASH (Bursah)
PERSTIM net profit decreased to RM14.73 million in the first quarter ended JUN 30, 2011 from RM24.25 million a year ago.
Constructed and Written by Smartbiz
(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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