KUALA LUMPUR: Kenanga Research expects FTSE Bursa Malaysia KLCI (FBMKLCI), on technical aspect, to move upward in the near term to potentially touch 1,783. FBMKLCI opened on a positive note today, 1.04 points higher to 1,750.03 from Tuesday’s close of 1,748.99. However, bucking the trend, the FBMKLCI hovered mostly sideways in the red throughout the session. It lost 5.38 points to end lower at 1,748.99. Broad market sentiment was slightly negative, with 395 gainers against 468 losers, while 415 counters traded unchanged.

Source: New Strait Times October 19, 2017 01:41 UTC