Chances of making new highs slimmer

Filed Under (Finance Help) by Admin on 05-07-2009

The Malaysian equity market was directionless last week with much lower trading volume. Investors and traders were uncertain about the direction of the market especially when it is overbought. Those who have not bought shares and already have bought shares are wondering whether the bullish trend is going to continue. The benchmark KLCI traded in a very tight trading range between 1,070 and 1,082

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