FBM KLCI weakness continued as it ended below the 1,580 level.
The benchmark index has had experienced consecutive declines over the past week from the 1,600 mark hence analysts believe bargain hunting opportunities should appear anytime soon.
“For today, we expect the index to trend within the 1,575-1,585 range,” says Rakuten Trade.
Technical View
GAMUDA (5398)
Resistance levels are identified at RM4.88(R1) and RM5.40 (R2). Support levels are pegged at RM4.24 (S1) and RM3.95 (S2).
Leave a Reply
You must be logged in to post a comment.