MARKET UPDATES
Oil prices resumed their downward spiral in Asian trade Thursday following another massive sell-off in equities as traders grow increasingly concerned about the global economic outlook, analysts said.US benchmark West Texas Intermediate (WTI) for November delivery fell 90 cents to a two-year low of US$80.88 a barrel in late-morning trade. Brent crude for November retreated 43 cents to US$83.35, levels last seen four years ago. Both contracts have lost more than a fifth of their value since hitting 2014 highs in June.
STOCK RECOMMENDATION :
BUY ASTRO MALAYSIA ABOVE 3.200 TG 3.250, 3.320, 3.400 SL 3.120
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Oil prices resumed their downward spiral in Asian trade Thursday following another massive sell-off in equities as traders grow increasingly concerned about the global economic outlook, analysts said.US benchmark West Texas Intermediate (WTI) for November delivery fell 90 cents to a two-year low of US$80.88 a barrel in late-morning trade. Brent crude for November retreated 43 cents to US$83.35, levels last seen four years ago. Both contracts have lost more than a fifth of their value since hitting 2014 highs in June.
STOCK RECOMMENDATION :
BUY ASTRO MALAYSIA ABOVE 3.200 TG 3.250, 3.320, 3.400 SL 3.120
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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