Tuesday, September 3, 2013

September 03 - After-Market-Close FKLI, FCPO & GOLD

Hi All.

A quick note after I came back from US Labor Day holiday on Monday!! :p

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Im expecting some slow trading sentiment these few days, as US came back from the long weekend. While on the local front, nobody really knows what to do after the superb V-Shape rebound on FKLI last week. Hence, the narrow range trading seen these 2days.
CPO, the final piece of August export figure didn't seems to be able to extend the August rally to latest high of 2,485. That is expected coz I believed it's mostly priced-in to the >300pts rally from 2,137 pivot low, also riding on the weak Ringgit at the same time.

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Alright! Happy hunting!! :) :)



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