Sentiment Index - Malaysia Stock Market

Constructed and Written by Smartbiz

Local sentiment followed regional trend progressed in weaknesses with the Oscillator slid all the way to end at -860.67; lost 747.52 when compares with its opening point. The Average recorded a loss of 662.04.

In MSCD, %K (Yellow) computed as -333.32 (-59.74), %D (Red) -287.40 (-29.98) and the Histogram -29.77 (-4.04).

After today’s trade, both indicators hooked downwards and the Histogram printed a longer bar in the negative zone.

MSCD indicates market sentiment is in sheer weakness as investors just lack of confidence to take positions. Unless and until issues that plagued the market were solved or clarified, else, market will continue to be sluggish.

(Note: Explanation for Intra-Day MSO and MSCD are archived under "Labels" at the lower portion of the sidebar.)