Local Market Leads:
♦ Buoyed by a sharp turnaround in the overseas markets, the local market halted its recent losing streak and reclaimed the major psychological support of 1,300 on Tuesday.
♦ Besides, investors also responded positively to the stunning technical rebound on the local futures index. Leading the cash index performance, the FKLI for July contract recovered to above 1,300 at 1,311.50, from a low of 1,287.
Mandarin : Market Technical Reading - Must Sustain At Above 1,300 To Regain Buying Support... - 7/7/2010
No comments:
Post a Comment