Maybank Investment Banks Daily Technical Analysis 18 June 2024

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Banking and the transportation sector survived last Friday’s consolidation while selling pressure is expected to continue increasing for energy, technology and the telco sectors in the near term. Technically, we expect the FBMKLCI Index to range between 1,595pts and 1,615pts today, with supports staying at 1,575pts and 1,560pts. • Join Maybank Investment Bank's Head of Technical Research, Nik Ihsan as he shares his views on some new KLCI stock trading ideas. • #technicalanalysis #dailyTA #Maybankinvestmentbank #Stocks #BursaMalaysia

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