Tuesday, January 23, 2024

24 Jan 2024 BMD




  LOCAL MARKET



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FKLI

The FBM KLCI (+0.33%) closed with its third consecutive gains which in line with positive regional performance, mainly lifted by positive spillover from Wall Street overnight.

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Plan A : Attempt long if the market stays above 1499. Targets are 1505 and 1509


Plan B : Consider short if the market stays below 1499. Targets are 1495 and 1489.






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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