Thursday, June 29, 2023

30 Jun 2023 BMD

 LOCAL MARKET


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FKLI

FBM KLCI was flat after adding 1.63 points or 0.12% to 1388.37 points. Following the recent lacklustre performance, the FBM KLCI could remain sideways below its resistance of 1407 points.

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Plan A : Consider long if the market stays above 1388. Targets are 1392 and 1397.

Plan B : Attempt short if the market stays below 1388. Targets are 1384 and 1381






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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