Aug 16
2009
FBMKLCI: Market is being supported well
Filed Under (Finance Help) by Admin on 16-08-2009
The Malaysian equity market is still able to hold near the resistance level. The bulls and bears are struggling to set the direction for the market. The market was expected to go into a downward correction but the bullish move in the US and regional markets prevented the market to fall. The bullish sentiment provides confidence to investors and traders to take higher risk to enter into the market
