Thursday, July 1, 2010

Market Technical Reading - Near-term Outlook Remains Bearish... - 1/7/2010

Local Market Leads:
♦ Share prices in the local bourse ended off low on Wednesday, thanks to the mild bargain-hunting activities reemerging after the sharp selldown in the previous day.
♦ This was in line with the regional markets that experienced follow-through selling momentum yesterday. China’s SHComp and HSI fell 1.2% and 0.6% respectively, as Nikkei 225 lost another 2% upon closing.

Market Technical Reading - Near-term Outlook Remains Bearish... - 1/7/2010

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