Wednesday, June 27, 2007

Zzzzz Zzzzzz Zzzzz

Malaysia shares may extend losses tomorrow in follow through selling toward 1350 psychological support(1350-1360 range). Benchmark ended down 0.7% at 1357.43 in heavy volume with decliners trouncing gainers 685 to 223. Sell-down in blue chips and index-linked heavyweights by foreign funds on weakening ringgit and weaker regional markets cited as main catalysts. Local government-led funds helped to absorb some selling pressure, lifting the index off its low (1352.74) but retail investors continued to unwind positions and stay out of the market.


  • Sell Talam On Rally Based On Charts - TA
  • YNH Down; JV With CapitaLand Canceled
  • S&P Keeps Marco As Strong Sell, 14 Sen Target
  • Sell Land & General On Rally,Based On Charts -TA
  • HLG Starts Carotech As Buy, With 90 Sen Target
  • MIMB Has Strong Buy On Bonia Based On Charts

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