13 Jul 2022 BMD

 LOCAL MARKET

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FKLI

FKLI ended higher lifted by last-minute buying in selected index-linked counter.

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Plan A : Consider short if the market stays below 1426. Targets are 1417 and 1411.

Plan B : Attempt long if the market stays above 1415. Targets are 1422 and 1432

 

FCPO

FCPO plummeted down on the first and second section. Dalian closed -414 at 7694 while soybean oil -0.15 at 57.77. Ringgit stays weak at RM4.43 against the greenback.

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Plan A : Attempt short if the market stays below 3951. Targets are 3917 and 3889.

Plan B : Long if the market stays firm above 3951. Targets are 3988 and 4004.

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that investment.