Sentiment Index - Malaysia Stock Market

Constructed and written by Smartbiz

Asian stock markets climbed on Tuesday, with investors looking toward the U.S. and Chinese government for signs of loosen their respective monetary policies. Local sentiment turned cautious again with the Oscillator slid into negative zone after the break to end at -18.95; lost 110.43 when compares with its opening point. The Average recorded a loss of 32.27.

After today’s trade, all line indicators lost strength again and the Histogram continued its top-rounding process.

Data for MSCD are appended as below:

DATE	A_OSC	%K	%D	%A	HGM
10/7/2012	88.72	31.28	1.58	63.36	38.11
11/7/2012	6.03	27.39	1.01	60.84	36.17
12/7/2012	226.32	11.63	17.71	66.26	30.16
13/7/2012	117.98	27.98	25.14	67.34	23.55
16/7/2012	272.94	18.30	3.05	55.69	23.11
17/7/2012	32.27	10.52	5.21	54.31	21.63
LAST+-	305.21	7.78	2.16	1.38	1.48

Conclusion: Market sentiment was volatile today though regional markets mostly made gains.  FBMKLCI recorded another new high but Loser overwhelmed Gainer with 409 to 401.

In MSCD, %K fell slightly but remained above %D. Market sentiment will progress with more cautiousness while the key index keeps on making new high. 

This two-tier market shows that while institutions have used their sources to jack up the index but investors are uncertain of the post-election market future. 

Note: Explanation on Intra-Day MSO and MSCD are archived under "Labels" at the sidebar.