BURSA MALAYSIA MARKET IDEAS MONDAY (15/04/2019)
WEAKER RM, STRONG OIL PRICE, BULLISH WORLD
The FBMKLCI closed +5.94 point or +0.37% to close at 1630.17.
Last week FBMKLCI sink further and Friday closing stop falling, if this week can rebound above 1640 then got chance to reverse up. Since world bullish, we not suppose to continue fall.
DJIA strong closing up last week, if this week can break 26500 then we expecting new high coming. If world leader market can new high, no reason our market to fall further, at least stop falling.
Last week we see many ECRL stock move, one of our favorite GFM also closing high up, very bullish, expecting this week to move further up, must watch closely.
SAPNRG receive huge award last week, and oil price remain high, we expecting more recovering coming for this company.
We remain very positive for oil stock like:
DNEX, HIBISCS, SAPNRG,
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Coming together is a Beginning, Keeping together is Progress, Working together is Success this Monday ! !
"Melabur Sampai Meletup"
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