Uninspiring local bourse ended flat

The FBM KLCI ended flat despite continuous buying support from foreign funds as overall sentiment of the local bourse remained rather uninspiring, possibly due to the lack of fresh catalysts.  

Uninspiring

“We believe the trading pattern to remain the same for today and expect the index to trend within the 1,610-1,620 range. Meanwhile, crude oil prices closed higher on the back of better economic climate in the US as the Brent crude closed at USD81/barrel,” says Rakuten Trade.

Technical View

    TAKAFUL (6139)

    • Resistance levels are identified at RM4.02(R1) and RM4.28 (R2). Support levels are pegged at RM3.70 (S1) and RM3.49 (S2).
    Staff Writer

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