REVIEW: The FBM KLCI made little headway over the Labour Day-shortened week as it traded within a narrow range with little inspiration for gains. The positive performance offered some bullish sentiment to the FBM KLCI, which gained 4.89 points to 1,642.29 at Tuesday’s close. Total turnover for the trading week stood at 19.51 billion shares amounting to RM13.11bil compared with 19.51 billion shares worth RM13.11bil over the previous week. Judging by the falling slow-stochastic, the FBM KLCI remains in consolidation mode. Should the immediate support hold, the FBM KLCI could continue in sideways direction over the near horizon.

Source: The Star May 04, 2019 00:11 UTC