Asia markets skid as investors take their first chance to react to weaker-than-expected U.S. jobs data, raising fresh doubt about global economy. We expect choppy market ahead as investors are still uncertainty about the degree of seriousness. What we can conclude for now is that support is seen at 2700 temporarily. Short covering might take place from here onwards. We advised investors to stay on the sideline for the time being. Weak stock for reference is SembCorp. Share could not break over 4.95. A breakdown from 4.67 will signify a further pullback. Sentiment ---> neutral (more biased on the downside)
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....