FBM KLCI comes within striking range of 1,600

Quick Summary:

KUALA LUMPUR: The recent rally on the domestic market has investors hoping that the FBM KLCI will soon reclaim the 1,600 psychological resistance.

Resistance is anticipated around 1,600-1,605, while support is set at 1,565-1,570," it said.

Of actives, Harvest Miracle was down two sen to 17.5 sen, Asiaply rose one sen to 12 sen and Careplus gained one sen to 25 sen.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Stocks Markets Trading Commodity Investor Equities /Business/Business News FBM KLCI Bursa Malaysia

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-07 @ 09:25:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 282 words

Reading Time: 2 minutes read

Sentences: 12 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 25950858

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 48 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 30 minutes ago

Coverage Areas: Malaysia

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Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #22

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