(Photo Caption: Someone sent to me the pix, and I really don't even know who is the woman next to Johor MB Ghani Othman - but for sure not his wife, right!!)
KLCI ends down 1.8% at 1369.48 in moderate volume, rebounding off intraday low of 1354.71 on mild bargain hunting by local funds, say dealers. Market breadth negative with decliners trouncing gainers 610 to 166. Dealers say buying interest from local funds helped pare losses. Volatile trade expected next week, tipping KLCI to trade in 1360-1400 range as investors sell into any rallies. The confluence of poor corporate results, declines in regional markets and the retreat in U.S. markets overnight, triggered the sell off. Foreign funds were net sellers.
Gua mau bet ini kaunter la. A rebound is expected. Cut loss level RM2.05, Buy on dips.
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