Local Market Leads:
♦ The local benchmark FBM KLCI continued to trend up and surpassed the 1,400 psychological level for the first time since late-Feb 2008 on Monday, led by continuous buying support on blue chips on expectation of upbeat quarterly earnings ahead.
♦ The FBM KLCI cemented its gain on last minute push-up on the core heavyweights. CIMB (+22sen), PBB (+40sen) and Genting (+11sen) continued to pose solid gains on strong institutional buying yesterday.
Mandarin Version : Market Technical Reading : Expect Some Profit-taking Activities… - 24/08/2010
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