FBMKLCI, AMEDIA, CIMB, PERMAJU, GENM, GOCEAN, IJM

At the moment, we could see our market progressing into recovering mode with budget boost and most likely election would be held next year, KLCI could reach all time high again (1655) and probably break it and marching to higher level (1659). Today KL index closed at ~1643. The next resistance at 1646, and 1665. Now, we are in final Q of the year, we could see some counter to start rally. Me personally, would love to see construction counter to move after been down from Feb this year.. Soon, MRT tender award will be announced and this could boost on certain construction counter.

AMEDIA
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