Bursa Malaysia May Break Resistance At 1,600 Points
Bursa Malaysia May Break Resistance At 1,600 Points
Bursa Malaysia on Tuesday ended the two-day winning streak in which it had climbed almost 15 points or 1 percent.
週二，馬來西亞綜合指數收市下跌近15點或1%後結束了連續兩天的上漲。
The Kuala Lumpur Composite Index now sits just beneath the 1,600-point plateau although it's likely to see renewed support on Wednesday.
吉隆坡綜合指數現在略低於1,600點關口，不過週三可能會看到新的支撐。
RHB Retail Research (RHB) in a note today (July 3) said the FKLI is consolidating above the 50-day SMA line despite dipping 1.50 pts yesterday to close at 1,600.50 pts.
RHB零售研究(RHB)在今日（7月3日）的一份聲明中表示，儘管昨日FKLI一度下跌1.50點收於1,600.50點，但它正處於50日SMA線上方的整理狀態。
The benchmark index initially started off at 1,600.50 pts, but – after whipsawing between 1,607.50 pts and 1,597.50 pts – it closed at the opening price.
基準指數最初開盤於1,600.50點，但在1,607.50點和1,597.50點之間盤旋之後，收於開盤價。
This price action showed market sentiment was neutral, while the bulls and bears are sharing the same strength.
這個價格走勢表明市場情緒是中立的，牛熊雙方的力量是相當的。
However, as the FKLI is trading above the 50-day SMA line, this indicates the bulls now have the technical advantage.
然而，由於FKLI正交易在50日SMA線上方，這表明牛方現在具有技術優勢。
Should the bullish momentum increase speed, the index may travel higher to test the 1,622-pt resistance.
如果看多勢頭加速，指數可能會上漲至1,622點的阻力位。
As they expected strong selling pressure to emerge at 1,622 pts, we still hold on to the negative trading bias – unless the FKLI manages to climb above the 1,622-pt threshold.
由於他們預計強勁的賣壓將在1,622點出現，我們仍然持有負面的交易偏見——除非FKLI設法爬升至1,622點的門檻。
Traders are recommended to hold on to the short positions initiated at the close of 19 Jun or 1,597 pts.
建議交易者持有6月19日或1,597點閉市時開空的淡仓。
To minimise the trading risks, the initial stop-loss mark is set at 1,622 pts.
爲了降低交易風險，初始止損點設定爲1,622點。
The nearest support is still marked at 1,575 pts and followed by the 1,550-pt level.
最近的支撐位仍然位於1,575點，其次爲1,550點。
On the flipside, the first resistance is pegged at 1,622 pts – 4 Jun's close – and followed by 1,637 pts, ie the high of 20 May.
相反，第一道阻力位定在1,622點——6月4日收盤價——其次爲1,637點，即5月20日的高點。
Malacca Securities (MSSB) said the FBM KLCI (-0.02%) ended flat as gains in the utilities and industrial heavyweights was offset by losses in telco heavyweights, the latter declined as the market could be uncertain on the progress of the 5G network in Malaysia.
馬六甲證券(MSSB)表示，由於公用事業和工業重磅股的上漲被電信重磅股的下跌所抵消，FBM KLCI(-0.02%)基本持平。後者下跌是因爲市場對馬來西亞5G網絡發展進展的不確定性。
The Construction sector (+2.96%) was the best performing sector.
The Day Ahead
The FBM KLCI ended marginally lower amid selling pressure within selected Telco heavyweights, while FBM70 and FBM Small Cap rebounded strongly.
建築業板塊(2.96%)是表現最好的板塊。
未來一天的行情
在一些電信重磅股的拋售壓力下，FBM KLCI微幅下跌，而FBM70和FBM Small Cap則大幅反彈。
Over in the US, sentiment remained positive with S&P500 and Nasdaq closed at all-time-high positions after Jerome Powell commented that the inflation is well on track towards Fed's target, and will be data dependent in deciding the interest rate directions.
在美國，由於傑羅姆·鮑威爾表示通脹正朝着聯儲局的目標穩步推進，並且數據將決定利率方向，市場情緒仍然積極。標普500指數和納斯達克指數在創下歷史新高後收盤。
Few key events that the market will be monitoring include the (i) FOMC meeting minutes (Wed), and (ii) US non-farm payrolls data on Friday.
市場將關注幾個關鍵事件，包括(i)FOMC會議紀要(週三)，以及(ii)美國非農就業數據(週五)。
On the commodity market, Brent oil had a mild pullback after the breakout, ranging along USD86/bbl, while the gold price is in the sideways consolidation phase.
在商品市場上，布倫特原油經歷了一輕微的回撤，區間波動在86美元/桶左右，而黃金價格處於橫盤整理階段。
For the CPO, it has moved out of the consolidation phase and steadied above RM4,000.
對於棕油來說，它已經走出整理階段，並穩定在4,000令吉以上。
Sectors focus: With the commodities surging, we expect the traders could shift their attention on the Energy and Plantation sector at least for the near term.
關注行業板塊：隨着商品價格的上漲，我們預計交易者至少在短期內會將注意力轉向能源和種植業板塊。
Meanwhile, the rising investment of data center, AI, and cloud services to remain as the center of attention, and it should benefit the Construction, Property, Building Materials, and Renewable Energy.
同時，數據中心、人工智能和雲服務的持續投資仍然是關注的中心，並應有助於建築、地產、建築材料和可再生能源。
Besides, given the all-time high closing of S&P500 and Nasdaq, they believed the buying support could spillover towards the Technology sector this week.
此外，考慮到標普500指數和納斯達克指數創出歷史新高，他們認爲本週的買盤支持可能會延伸到科技板塊。
Bloomberg FBMKLCI Technical Outlook
The FBM KLCI index hit 1,600 but ended flat at 1,597 level.
彭博富時隆綜合指數技術展望
FBM KLCI指數達到1,600點，但最終報收於1,597點水平。
The technical readings on the key index were positive with the MACD histogram forming a positive bar and RSI crossed above 50.
主要指數的技術讀數呈積極趨勢，MACD柱狀圖形成正條和RSI交叉上穿50。
The resistance is envisaged around 1,612-1,617 and the support is set at 1,577-1,582.
阻力位預計在1,612-1,617之間，支撐位設定在1,577-1,582。