KLCI could hit 1,350 before end-June: Players
THE benchmark Kuala Lumpur Composite Index (KLCI) could reach the 1,350
level before end-June as it has been able to withstand the sporadic
selling pressures so far, market observers say.
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Important note :
“Based on the chart formation, we are advising investors to continue to
reduce holdings as some of the key indicators for the individual
stocks, namely the heavyweights have skyrocketed to the upper band of
the overbought region,†it added.
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