Wednesday, August 18, 2010

Mandarin Version : Market Technical Reading : 1,390 And 1,400 Targets - 18/08/2010

Local Market Leads:
♦ The local market’s rally continued into a third day yesterday, with the FBM KLCI hitting a fresh 30-month high, aided by broad-based gains amid expectation of more upbeat quarterly earnings results ahead.

♦ Market sentiment was further underpinned by a continuous rally in China markets as well as the strong early rebound in the European markets. Shanghai Composite added another 0.38%, to close with a third day up.

Mandarin Version : Market Technical Reading : 1,390 And 1,400 Targets - 18/08/2010

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