As for Malaysia, Maybank Investment Bank Research recommended a “Sell on Rallies” stance for the index, pointing out the KLCI January Futures moved to a 3.44-point discount against the KLCI.
The research house said the KLCI fell from the 1,727.41 high and found support at 1,622.84. The window dressing activities stalled at the high of 1,706.25 on Dec 30, 2015.
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