Thursday, December 21, 2023

22 Dec 2023 BMD



  LOCAL MARKET


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FKLI

The FBM KLCI (-0.61%) extended its decline with more than two third of the key index components closed in red yesterday.


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Plan A : Attempt short if the market stays below 1464. Targets are 1455 and 1451


Plan B : Consider long if the market stays above 1464. Targets are 1466 and 1475.








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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