As mentioned yesterday, KLCI will under consolidation or further correction in short term. Today volume further decrease to 789 mil shares and fell below 40 days VMA. We have to be more careful right now. Immediate support is 1270, 1258, 1248 while the resistance is 1280, 1300.
Short term investors had cashed out Mudajya and rubber stocks today.
We are holding the rest :
Kencana +1.27%
Affin +2.18%
AMMB (long term) +0.2%
