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.
Thursday, October 18, 2007
Consolidate
KLCI likely to continue to consolidate within the 1365 and 1385 range Friday after closing +0.1% at 1376.22 on heavy volume of 1.7 billion shares as late profit-taking pared gains. Plantation stocks and selected blue chips were again in focus. Market breadth negative with losers narrowly edging gainers 429 to 411. The market is expected to continue its consolidation mode tomorrow in the absence of fresh leads. The local market sentiment tomorrow will likely mirror U.S. stocks overnight.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment