20 Jan 2023 BMD

 LOCAL MARKET

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FKLI

FKLI ended mixed while the benchmark index supported by positive local sentiment following Bank Negara Malaysia’s (BNM) decision to maintain the overnight policy rate (OPR).

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Plan A : Consider short if the market stays below 1499. Targets are 1493 and 1488.

Plan B : Attempt long if the market stays above 1499. Targets are 1504 and 1510

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that investment.