Local Market Leads:
♦ Share prices in Bursa Malaysia closed marginally positive despite poor regional market performance on Friday following an overnight fall in Wall Street.
♦ The benchmark FBM KLCI inched up 0.58 pts or 0.04% to 1,326.45 on Friday. However, discounting the last minute push-up on selective core heavyweights, the index was wondering aimlessly throughout the day in the negative territory.
♦ With the absence of interesting trading leads, investors preferred to stay sideline ahead of the weekend.
♦ On the regional markets, Nikkei 225 fell 1.92% and HSI lost 0.21%, while neighbouring FTSTI ended similarly with Bursa Malaysia, with a marginal gain of 0.04%.
♦ Overall turnover tumbled again to 568m shares from Thursday's 749m shares. Market breadth stayed negative with 370 losers against 251 gainers.
Market Technical Reading : Lukewarm Trading Sentiment To Prevail... - 28/06/2010
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