Monday, September 6, 2010

Market Technical Reading - Uptrend Remains Intact… - 06/09/2010

Local Market Leads:
♦ After the recent upsurge, Bursa Malaysia finally took a breather and ended lower on Friday, amid profit-taking activities on the key heavyweights.
♦ Despite the ringgit hitting a fresh 13-year high at 3.1200 against the US dollar and the solid performance in the overseas markets ahead of the key US jobs data on Friday night, the FBM KLCI slipped into the negative territory as investors decided to lock in their profits on the recent rallies of the core bluechips.

Market Technical Reading - Uptrend Remains Intact… - 06/09/2010

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