KLCI ends down 0.01% at 1306.22, off 1316.13 intraday high (also year's high) in moderately active trade, as profit-taking erases earlier gains; Initial support at 1300 followed by 1285 (Feb 26 peak). Volume at 2.3 billion shares while falls lead rises 531 to 381. Plantation stocks up on stronger CPO price outlook following supply shortage; property stocks gain on speculation government to announce further measures to boost sector soon.
GUOCO
Ready to test resistance 1.80
For 4/11/2007 the closing price was 1.7200.
Overall, the bias in prices is: Upwards.
The projected upper bound is: 1.91.
The projected lower bound is: 1.54.
The projected closing price is: 1.73.
AIGB
Breakout resistance. New potential target 2.90.
Overall, the bias in prices is: Upwards.
The projected upper bound is: 2.90.
The projected lower bound is: 2.37.
PSIPTEK
Potential immediate target 0.96
For 4/11/2007 the closing price was 0.8900.
Overall, the bias in prices is: Upwards.
The projected upper bound is: 0.96.
The projected lower bound is: 0.82.
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