25 Nov 2022 BMD

 LOCAL MARKET

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FKLI

FKLI ended higher with the key index rising by 4.04%, on bullish market sentiment following the clarity in the local political scene, coupled with positive external developments that fuel investors’ risk appetite.

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Plan A : Consider long if the market stays above 1490. Targets are 1537 and 1560.

Plan B : Attempt short if the market stays below 1468. Targets are 1445 and 1423

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.