Thursday, October 20, 2022

21 Oct 2022 BMD


  LOCAL MARKET

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FKLI

FKLI ended higher with the benchmark index putting on 1.6% driven by buying interests in selected heavyweights led by Petronas Chemicals Group Bhd and Public Bank Bhd.

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Plan A : Consider long if the market stays above 1428. Targets are 1445 and 1454.

Plan B : Attempt short if the market stays below 1417. Targets are 1410 and 1402








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
that investment.  

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