Index may mirror the regional markets’ performance

The FBM KLCI again failed to sustain the previous day’s positive performance as it fell to just above the 1,570 mark.

The FBM KLCI again failed to sustain the previous day’s positive performance.

Regional markets

“As of now, we suspect the index may mirror the regional markets’ performance, which are highly susceptible to the ongoing externalities.

“Therefore, we expect the index to trend within the 1,570-1,580 range today.rmance as it fell to just above the 1,570 mark,” says Rakuten.

Technical View: NEXG (5216)

Resistance levels are identified at RM0.385 (R1) and RM0.455 (R2). Support levels are pegged at RM0.32 (S1) and RM0.28 (S2).

Staff Writer

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