Local Market Leads:
♦ After struggling for a few days, the local market gave way to fresh profit-taking pressure on Wednesday after the overnight US markets fell on poor economic data and some earnings disappointment.
♦ Also, mild T+4 forced-selling pressures from last Thursday’s 1.0bn shares transacted at one stage put great pressure on the market sentiment.
Market Technical Reading - Upside Will Resume Once Consolidation Is Done…05/08/2010
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