Our market has continued its strong bull momentum, our research shows CI may hit 1,600 - 1,800. Comparing to regional performance, CI is still considered laggard. This year, CI may extend its bullish to catch up the regional level.
Fundamentally, promising economic growth and corporate earnings are relected on Bursa Malaysia which is the barometer of Malaysia Economy. Technically, market is in the accumulating phase where the broad market may make another upside move within 2 months' time.
Saturday, May 05, 2007
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