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[FBMKLCI-EA] Market Review for KLCI

Market Review for KLCI

The FBM KLCI index lost 10.07 points or 0.59% on Tuesday. The Finance Index fell 0.38% to 14339.44 points, the Properties Index dropped 0.32% to 1132.79 points and the Plantation Index down 0.23% to 7839.53 points. The market traded within a range of 21.55 points with a high of 1706.08 and a low of 1684.53 The KLCI halted its winning streak and closed lower at 1687.86 points amid mixed performance in US markets. The performance of our local bourse was bogged down by selling in heavy weight counters such as Genting, Astro and Digi.

Market forecast for KLCI

The KLCI index is expected to trade with bearish sentiments in coming trading session, however it can take support at the level of 1685 and give a sideways movement.

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