KLCI’s technical indicators remain overbought, says Inter-Pacific

KUALA LUMPUR (Feb 22): Inter-Pacific Securities Sdn Bhd said the FBM KLCI’s technical indicators remain overbought, and this could extend the downside pressure on these constituents.

In its daily bulletin on Thursday, the research house said the KLCI ended its upward streak on Wednesday as profit-taking activities set in to send the key index lower.

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Surin Murugiah (2024, Feb 22) KLCI’s technical indicators remain overbought, says Inter-Pacific

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