7 Sep 2023 BMD

LOCAL MARKET

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FKLI

FBM KLCI rose 5.79 points or 0.4% to 1460.62 points. Following last week’s rebound, the FBM KLCI could take a breather and hover below the resistance of 1465 points which has been capping the index since July.

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Plan A : Consider short if the market stays below 1437. Targets are 1431 and 1424.

Plan B : Attempt long if the market stays below 1437. Targets are 1444 and 1450

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