Nov 20
2009
KL Composite Index (FBMKLCI): Expected to move into a correction anytime soon
Filed Under (Finance Help) by Admin on 20-11-2009
The market continues to make new highs last week but was not able to sustain and immediately pulled back. Resistance is getting stronger, as mentioned last week. The FBMKLCI went as high as 1,288.42 points, highest since May last year before pulling back to close at 1,276.65 points Thursday. The benchmark index still managed to close higher but only 4.9 points from the previous week. Last week,
