Sunday, December 18, 2022

19 Dec 2022 BMD



 LOCAL MARKET


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FKLI

FKLI ended higher after late buying of selected plantation heavyweights lifted the benchmark index by 0.78%, despite volatility in regional markets.

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Plan A : Consider long if the market stays above 1469. Targets are 1482 and 1491.

Plan B : Attempt short if the market stays below 1469. Targets are 1460 and 1448


















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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