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Mar 11, 2010, 09:18 AM (GMT+8) |
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| CC Hong |
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C C Hong
see more articles from C C Hong
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ELLIOTT WAVE OUTLOOK ON KLSE CI - 01 MARCH '10 - 1.03.2010
While a 13.11-point up of the FBM KLCI at 1270.78 on a weekly close was a solace to the CNY returnees to the Malaysian equities market last week, the resurgence of external markets' weaknesses due to their respective weak underlying economic structural may thwart our attempt to rally on our own.
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ELLIOTT WAVE OUTLOOK ON KLSE CI - 08 FEBRUARY '10 - 8.02.2010
A late-week DJI-induced sell-off pressured the FBM KLCI to end the week almost near the weekly low of 1247.46 at 1247.90, shedding 11.26 points against previous amidst an otherwise featureless week with market focus continued to centre on US deteriorating unemployment situation and European sovereign debt problem.
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ELLIOTT WAVE OUTLOOK ON KLSE CI - 25 JANUARY '10 - 25.01.2010
Despite a late-week sell-off in the Wall Street, Malaysia FBM KLCI managed to chalk up a marginal gain of 1.87 points to end the week at 1300.45. Its resilience may be attributed to the lack of foreign-fund selling, whose holdings of Malaysian shares have so far been reduced to around 20%.
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