KUALA LUMPUR: There was slight rally on the domestic market in early morning trade as stock prices rose following the positive performance on Wall Street last Friday.
However, there are expectations Bursa Malaysia will remain downbeat given the negative market breadth in all four trading days of the previous week.
"Technically speaking, the FBM KLCI remains vulnerable to further weakness in view of the prevailing negative momentum and bearish Parabolic SAR trend.
"On the chart, the benchmark index could be making its way to test the 1,400-psychological mark as it drifts towards our immediate support threshold of 1,395.
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