Thursday, July 29, 2010

Market Technical Reading - More Follow-through Upside Momentum Ahead… - 29/07/2010

Local Market Leads:
♦ Buoyed by the sharp rally in China and Japan’s markets, Bursa Malaysia reversed its early weakness by resuming its recent winning streak for a fourth day on Wednesday.
♦ Shanghai Composite soared 2.26% after China’s central bank said it was optimistic on the country’s economy, while Nikkei 225 rallied 2.70% on solid earnings news and a weaker yen.

Market Technical Reading - More Follow-through Upside Momentum Ahead… - 29/07/2010

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