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[FBMKLCI-EA] Market Review for KLCI

Market Review for KLCI

The FBM KLCI index lost 2.83 points or 0.17% on Thursday. The Finance Index fell 0.30% to 14225.65 points, the Properties Index up 0.13% to 1138.46 points and the Plantation Index rose 0.20% to 7864.59 points. The market traded within a range of 15.64 points with a high of 1699.96 and a low of 1684.32. The KLCI failed to maintain in positive territory and closed marginally lower at 1688.20 points amid overnight gains in US Market as oil price edged higher. The performance of our local bourse was limited as profit taking kicked in following the
rally in the past two days

Market forecast for KLCI

The KLCI index is expected to be gloomy and also if test the level of 1706 in coming trading session and the crossover
of this level can push the price further up to the level of 1726 in near term.
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