Maybank Investment Bank's Daily Technical Analysis | 15 Aug 2024

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The market will continue to trade in a narrow range in the near term. Besides corporate earnings, all eyes will be monitoring the PM’s announcement on the Public Service Remuneration System as well as the 2Q24 GDP data on Friday. Technically, we expect the FBMKLCI Index to range between 1,600pts and 1,620pts today, with supports at 1,581pts and 1,563pts.

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