17 Jan 2024 BMD

  LOCAL MARKET

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FKLI

The FBM KLCI (-0.48%) retracted after profit taking activities take place.

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Plan A : Attempt short if the market stays below 1499. Targets are 1491 and 1486

Plan B : Consider long if the market stays above 1499. Targets are 1504 and 1512.

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.