Tuesday, May 4, 2010

Mandarin Version - Market Technical Reading - Risk Of A “Double Top” Formation Remains... - 4/5/2010

Local Market Leads:
♦ Due to the weak closing on the US DJIA on last Friday, the local bourse, in line with the regional markets, opened lower in early Monday’s trading.
♦ However, as soon as the selling activities eased, bargain hunters moved back in to scoop up the core index-linked stocks. That helped to lift the key FBM KLCI, pompting it to close up marginally by 0.51 pt to 1,346.89.

Mandarin Version - Market Technical Reading - Risk Of A “Double Top” Formation Remains... - 4/5/2010

No comments:

Post a Comment