Tuesday 18 September 2012

FKLI Related News
The Dow Jones Industrial Average rebounded to eke out a narrow gain, though most stocks finished lower as investors digested a downbeat earnings forecast from economic bellwether FedEx FDX -3.06%.  The Dow rose 11.54 points, or 0.1%, to 13564.64, rising for the fifth time in six sessions and bouncing back from Monday's 40-point decline.
European markets ended broadly lower. The Stoxx Europe 600 index declined 0.4% as Spain's reluctance to ask for a full bailout and economic-growth concerns weighed on sentiment. Separately, data showed that German economic expectations rose in September but the increase fell short of forecasts.
Asian markets also fell as anti-Japan protests in China, related to a dispute over islands in the East China Sea, led more Japanese-owned companies to suspend manufacturing operations. China's Shanghai Composite slid 0.9% and Japan's Nikkei Stock Average lost 0.4%.
(The Wall Street Journal)
Kuala Lumpur Index Futures spot month contract ended lower yesterday at 1633 and opened this morning at 1633.5. Today’s Support and Resistance is located around 1630 and 1655 respectively.

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