THE prevailing bearish sentiment is expected to continue this week with a high probability of the FTSE Bursa Malaysia KLCI (FBM KLCI) pulling back to 1,430-1,420 support levels.
It is reckoned that the bearishness is driven by a further fallout from Standard & Poor's (S&P) warning to massively downgrade European Union (EU) countries and investors losing expectations over the EU summit to produce a financial bazooka to contain the debt crisis.
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