TOMYAM SHOPPING LIST
Hidden inside every chart is a story. A story about where the price has been and where it might go in the future. Some stories are obvious. Others are a little more difficult to figure out.
Sunday, May 20, 2007
MARKET UPDATE
KLCI ends down 0.2% at 1356.84 in moderate volume, off intraday low of 1351.03; market breadth negative with decliners edging advancers 483 to 372 as investors unwound positions ahead of weekend. Aside from the privatization theme and higher crude palm oil price boost to plantations, there were no catalysts to drive the market. Expects KLCI to consolidate in 1340-1370 range next week. Actually nothing much to say as the market volume stay low. Stay sideline for a while.
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