Local Market Leads:
♦ Bursa Malaysia expanded its gains for a second day yesterday, thanks to the overnight US markets’ recovery.
♦ But as regional investors turned cautious ahead of the US Federal Reserve Chairman, Ben Bernanke’s 2-day congressional testimony starting late Wednesday, plus strong selling pressure in glove-related stocks in the local bourse, profit-taking activities persisted in the afternoon session.
Market Technical Reading - Selling On The Recent Highflyers May Dampen Sentiment… - 22/07/2010
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