The Malaysian stock market has finished higher now in back-to-back sessions, climbing more than 10 points or 0.6 percent along the way. The Kuala Lumpur Composite Index finished just above the 1,565-point plateau, and now investors are looking for continued support when the market opens on Friday.
The global forecast for the Asian markets is broadly positive following some headway in the Green debt crisis, while solid economic and earnings news adds to the optimistic sentiment. Financials are expected to lead the rally, along with steel and oil companies.
The KLCI finished slightly higher on Thursday following mild upside from the financial shares, industrial issues and plantation stocks.
For the day, the index added 3.22 points or 0.21 percent to finish at 1,565.81 after trading between 1,560.59 and 1,566.20. Volume was 1.2 billion shares worth 2.6 billion ringgit. There were 386 gainers and 321 decliners.
Among the actives, Genting, Sime Darby and Hong Leong Bank all finished higher, while Maybank and CIMB Group were unchanged and Petronas Chemicals ended lower.
Read more article regarding next Monday on 25 July 2011 · BURSA MALAYSIA TRADING KLSE FBM KLCI BASED ON ELLIOT WAVE PATTERN REVIEW FOR 25 JULAI 2011 · BURSA MALAYSIA TRADING KLSE FBM KLCI BASED ON FIBO REVIEW FOR 25 JULAI 2011 · BURSA MALAYSIA KLSE ( FBM KLCI ) TRADING BASED ON ANDREW PITCHFORK REVIEW FOR 25 JULAI 2011
0 comments:
Posting Komentar