Market sell off is over done – Support at 1680

We think the sell off is over done. However, market weakness will further prevail but we still think KLCI will stage technical rebound together with RM. it is a good buy opportunity but need not to be fully buy in. We recommend a first stage bargain hunting that is 20% of your emergency fund.

We like Kawan and Multico. For bluechip we like RHBCap.