There were 127 decliners versus 72 gainers and 108 counters unchanged.In its Monday pre-market open report, Kenanga research said the overall technical outlook on the FBM KLCI remains bearish as the index remains trading below all key simple moving averages. "From here, the index is likely to trend nearer to its next support at 1,615 (S1) and 1,600 (S2). "Any positive development in macro environment may see the index test its resistances at 1,700 (R1) and 1,720 (R2). The stock climbed nine sen to RM2.33.In commodities, oil prices were near their lowest since the third quarter of 2017, having shed over 11% last week, Reuters reported. US crude was last unchanged at US$45.59 a barrel, while Brent dipped 19 cents to US$53.63.

Source: The Star December 24, 2018 01:18 UTC