KLCI bearish but oversold, technical rebound ahead


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.

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