Wednesday, November 22, 2023

23 Nov 2023 BMD


 LOCAL MARKET


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FKLI

The FBM KLCI (+0.44%) snapped a three-day losing streak, on the back of bargain hunting activities, taking cue from the positive developments on Wall Street overnight.


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Plan A : Attempt short if the market stays below 1460. Targets are 1454 and 1450

Plan B : Consider long if the market stays a above 1460. Targets are 1464 and 1474.






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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