Monday, June 21, 2010

Market Technical Reading - Further Upside Momentum Likely... - 21/6/2010

Local Market Leads:
♦ Lifted by the late push-up in the core heavyweights, the FBM KLCI has pierced through the 40-day SMA of 1,311 on Friday, closing 13.22 pts up or 1.01% to 1,317.69.
♦ The biggest booster to the benchmark’s performance came from Tenaga, which shot up 45sen in the last-minute push-up. Tenaga contributed almost 4pts to the index’s gain on Friday.

Market Technical Reading - Further Upside Momentum Likely... - 21/6/2010

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