US stocks rally for second straight day
How about Malaysia?Hwang DBS Vickers Research said the recovery of the Malaysian bourse should continue on Friday, Dec 3 following an extended rally on Wall Street overnight where key U.S. equity indices were up between 0.9% and 1.3% at the closing bell lifted by optimistic economic data.
“Given the positive external backdrop, the benchmark FBM KLCI will probably pull further away from the psychological mark of 1,500, possibly heading towards its resistance level of 1,525,” it said.
Written by The Edge Financial Daily
Since Monday 29 Nov 2010 (first day after my first post)
Bjcorp = 1.08 increased 4c
Dialog = 1.58 increased 8c
Encorp= 92c increased 4.5c
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