Monday, 2 July 2007

Would the lower liners rally this week?

Both the indices (STI and KLCI) may trade sideways this week but the lower liners are expected to continue to shine. The KLSE 2nd Board and MESDAQ counters could rally this week. HPI (7919) started to move sharply last Friday while MCMTech has moved about 25% in the past 2 weeks. In Spore, the previous week's stars like Asian Micro, AsiaMedic, United Fiber System, IPCO. Technically, the one I like most is Asti Holdings. Also look out for laggard tech stocks in Spore.

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