Weak market sentiment continue with 1240 as support

KLCI will continue to drift range bound or lower but strong chance to maintain its weekly close above 1240.  Rotational interest on certain stocks with GST but should be short term.  Global sentiments continue to be weak with new measures may be introduced again soon especially Europe.

We suggest selective buying or nibbling into our top picks. Accumulating quality stocks will be a key success factor in the last quarter to come.