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Mar 16, 2010, 05:15 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 - 15 MARCH '10 - 15.03.2010
While over-spilled buoyancy from regional bourses and bullish domestic economic data (ie a surge in Jan'10 export and industrial production index) propelled the FBM KLCI to a 18-month high of 1334.34, renewed concerns of China may raise interest rate over the weekend prompted an incessant bout of profit-taking activities towards the late week, paring gains before the FBM KLCI closed at 1311.2, gaining 11.42 points against previous.
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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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