Bursa strikes a bearish note


  • Business
  • Saturday, 27 Jul 2019

REVIEW: There was a persistent sideways movement on the FBM KLCI ahead of key interest-rate decisions by the US Federal Reserve and European Central Bank (ECB).

Hopes of a rebound off the 50-day simple moving average fizzled, as expected. The likelihood of a sustained push was low, given that investors were crouched near the support in a wait-and-see position.

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