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Sunday, December 27, 2009

Bursa Malaysia Weekly Summary

Market is still range bound with downside bias. There is still no strong uptrend or downtrend movement.

Malaysia Monthly Weekly Daily Note
FBM KLCI Up Up Neutral (-) R=1.3k, S=1.2k.
Finance Up Up Neutral (-) R=11k, S=9.5k.
Construction Up Neutral Down (-) R=250, S=220. Serious correction
Plantation Up Up Neutral (-) R=6.4k, S=5.8k.
Property Up Neutral Neutral (+) R=820, S=760. Correction

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