05 April 2021 BMD

                                    LOCAL MARKET

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FKLI

Mild buying interest coupled with continued vaccine efforts helped FKLI to gain 4.5-points on Friday. Market likely to open firmer today with U.S. futures gaining more than 100-points.

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Plan A : Attempt short if market rebounds but fails to breach above 1593.5 . Targets are 1581.5 and 1577.5.

Plan B : Consider long only if market holds firm above 1581.5 and rebound. Targets are 1588.5 and 1593.5.

Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters, Nasdaq.com, Bloomberg, CNN, Market Watch, FT.com, the Star online, forbes.com and CNBC. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment.