The Kuala Lumpur Composite Index now sits above the 1,525-point plateau, although investors can cash on Monday.
The global forecast for Asian markets is quite directionless amidst the lack of catalyst, it is likely to fall under pressure from oil and biotechnology shares. European and American markets were mixed and flat and Asian Brokes expects to follow the suit.
KLCI again ended slightly higher on Friday as the benefit from financial was covered with weakness from telecom and mixed with industrial and plantation.
For the day, the index rose 4.92 points or 0.32 percent at 1,525.86 after trade between 1,522.97 and 1,529.52.
Among the activists, both 99 speed mart retail and QL Resource lost 0.45 percent, while AMMB holdings increased by 0.79 percent, both exiaata and sailocodi increased by 0.78 percent, CIMB group increased 0.15 percent, 3.50 percent in Gamuda, 3.50 percent in Gamuda, Kuala Kuala Kuala Kuala Kuala Kuala Kuala Kuala Kuala kuala kuala kuala kuala kuala kuala kuala kuala kuala kuala kuala kuala kuala kuala kuala kuala kuala kuala kuala kuala kuala kuala kuala kuala kuala kuala kuala kuala kuala kuala kuala kuala kuala kuala kuala kuala kuala kuala kuala kuala kuala kuala kuala kuala kuala k Kuala Kuala Kuala Kuala Kuala Kuala Kuala Jumpur Kuala Kuala Kuala Kuala Kuala Kuala Kuala Kuala Kuala Kuala Kuala Kuala Kuala percent, Mebank reduced 0.10 percent, MISC 0.26 percent, MRDIY has received 0.61 percent, Malasia and PPB group both got 0.21 percent, Chemicals have 1.20 percent, Petronous Dagngan tank 2.30 percent, Petronas gas 0.22 percent, press clined 1.18 percent, press clies 1.18 percent, press clided 1.18 percent, 1.18 percent, press clients, symbolized clined. 3.53 percent, Sunway, 1.40 percent, Telecom Malaysia 0.30 percent and Tenga Nasiel, YTL Corporation, YTL Power and SD Guthari.
The lead from Wall Street is soft as the major average was opened slightly more on Fridays, but quickly decreased before it was mixed and slightly changed.
Dow finished 142.31 points or 0.32 percent at 44,342.19, while NASDAQ rose 10.06 points or 0.05 percent to close at 20,895.66 and ended at S&P 500 0.57 points or 0.01 percent at 6,296.79.
For the week, NASDAQ jumped 1.5 percent in S&P 500 and increased 0.6 percent and drowned Dow 0.1 percent.
The weakness that emerged on Wall Street was taking advantage after Nasdaq and S&P 500 reached the new record intraday high in the open.
Pulback came between a recession by shares of Netflix (NFLX), the company gave better notes than the results of the second quarter, but in the second half warned its operating margin that it would be lower than the first half.
The forecast of OPEC demands crude oil prices decreased on Friday after inspiring the concerns of the production surplus. West Texas Intermediate Crude closed at $ 67.34 per barrel for August delivery.
The idea and opinion expressed here are the idea and opinion of the author and not necessarily Nasdac, Inc.
