KUALA LUMPUR: BIMB Securities Research views the technical indicators show the FBM KLCI is bearish but is oversold for the short term, and hence, a technical rebound might be expected ahead.
It said on Tuesday Asian stocks fell across the board on Monday, extending last week's sell-off as investors continue to shun riskier assets amid fears about slowing global economic growth.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.