5 Jan 2024 BMD

 LOCAL MARKET

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FKLI

The FBM KLCI (+1.02%) extended its lead, driven by gains in more than two third of the key index components yesterday.

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Plan A : Attempt long if the market stays above 1475. Targets are 1490 and 1498

Plan B : Consider short if the market stays below 1475. Targets are 1467 and 1452.

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.