PRICE AND TURNOVER
Close: 2,754.29
Change: +14.85(+0.54%)
Value: 1,944,500,000
MARKET BREADTH
Net Adv Issues: -17
Net Up Volume: -74,408,150
Net Foreign Buying: -169,167,302
TECHNICAL ANALYSIS
Major consolidation * Intermediate downtrend * Short term downtrend * Resistance 3050
OUTLOOK
The local stock average advances fractionally higher by 14.85 pts after breaking 2750yesterday. Today's advance could be an attempt to find new support that could lead to a short term correction rally. Market breadth indicators unanimously reject the significance of today's move higher.
Close: 2,754.29
Change: +14.85(+0.54%)
Value: 1,944,500,000
MARKET BREADTH
Net Adv Issues: -17
Net Up Volume: -74,408,150
Net Foreign Buying: -169,167,302
TECHNICAL ANALYSIS
Major consolidation * Intermediate downtrend * Short term downtrend * Resistance 3050
OUTLOOK
The local stock average advances fractionally higher by 14.85 pts after breaking 2750yesterday. Today's advance could be an attempt to find new support that could lead to a short term correction rally. Market breadth indicators unanimously reject the significance of today's move higher.
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