MARKET UPDATES :
Bursa Malaysia closed lower today on the back of subdued demand due to lack of catalysts to drive trading, a dealer said. At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) finished at 1,795.95, down 0.43 of a point after hovering between 1,794.99 and 1,801.12 throughout the day. Mercury Securities head of research, Edmund Tham, said the recent International Monetary Fund’s (IMF) move to revise downward its forecast on global growth has put pressure on demand for the stock markets.
STOCK RECOMMENDATION :
BUY FELDA GLOBAL ABOVE 3.030 TG 3.080, 3.140, 3.220 SL 2.960
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
Bursa Malaysia closed lower today on the back of subdued demand due to lack of catalysts to drive trading, a dealer said. At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) finished at 1,795.95, down 0.43 of a point after hovering between 1,794.99 and 1,801.12 throughout the day. Mercury Securities head of research, Edmund Tham, said the recent International Monetary Fund’s (IMF) move to revise downward its forecast on global growth has put pressure on demand for the stock markets.
STOCK RECOMMENDATION :
BUY FELDA GLOBAL ABOVE 3.030 TG 3.080, 3.140, 3.220 SL 2.960
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
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