Malaysian Market Review for KLCI
- The FBM KLCI file lost 8.69 focuses or 0.52% on Monday. The Finance Index fell 0.07% to 14018.62 focuses.
- The Properties Index dropped 0.24% to 1124.54 focuses and the Plantation Index down 0.59% to 7791.11 focuses.
- The business sector exchanged inside of a scope of 12.56 focuses with a high of 1664.11 and a low of 1651.55.
The day finished with the KLCI shutting lower at 1664.17 focuses. The execution of our benchmark record was in accordance with overnight misfortunes in Wall Street, hurt by weight from a recharged drop in oil costs.
Market forecast for KLCI
The KLCI closed lower at 1654.75 points amid last Friday's mixed performance in US market. Market remainedsubdued as lack of positive fresh lead. The performance of our local bourse was bogged down by selling interests inheavy weight counters such as AmBank, Sime Darby, and SapuraKencana Petroleum.
Technical Indicator
RSI :Price line below centre line at 49.215
CCI : Above the signal line at -10.847
MACD : Below its signal line showing its cross over at 4.788
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