Most Asian stocks fell as concern North Korea may step up missile tests. At the break, Japan market down by 0.64%, Hong Kong up 0.11% and Singapore down 0.09%.Share prices on Bursa Malaysia remained firm as this morning but gains were capped by profit taking on bluechips such as Tenaga Nasional, Sime Darby and Telekom Malaysia. The Index slid all the way from its high and fell into red. But, last minute buying pushed it back to end at 1,054.09 gained 0.95 pts or 0.09%.
The Intra-Day Sentiment Oscillator, this time, followed the Index to fall into red and ended at -230.65 lost 808.51 points when compares with the starting point at +1,039.16. Fortunately, volume shrank notably indicating most investors still held to their positions. Volume reduced by 102 mln shares to 927 mln shares when compares with yesterday’s break.
This afternoon, market most probably trades weaker amid weaker regional markets. (Constructed and shared by Smartbiz)
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