Local Market Leads:
♦ Underpinned by banking heavyweights, Bursa Malaysia extended its impressive rally for the sixth straight day on Friday, even as most Asian markets ended down amid overnight slump in US markets.
♦ The FBM KLCI climbed another 2.46 pts or 0.18% to 1,395.02, as institutional investors snapped up banking stocks, CIMB (+8sen) and Maybank (+6sen) and other index-linked counters on better earnings expectation.
Mandarin Version : Market Technical Reading - 1,390 - 1,400 Resistance Zone Remains Firm… - 23/08/2010
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