Thursday, June 15, 2023

16 Jun 2023 BMD

  LOCAL MARKET


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FKLI

FBM KLCI gained 4.81 points or 0.35% to 1385.42 points. Following the recent rebound, the FBM KLCI could retest its resistance of 1392 points.


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Plan A : Consider short if the market stays below 1383. Targets are 1376 and 1370.

Plan B : Attempt long if the market stays above 1383. Targets are 1390 and 1397






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, mining.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
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