With Dow climbing slightly last night, the KLCI is expected to open stronger today. However, there is still a possibility that there could be selling in the afternoon when the Budget 08 is being read. Today's range is expexted to between 1,2,88-1,305. Penny stocks would remain in play today but trade cautiously. The STI could also be range-bound today. Still the upside is not expected to be great. Capped at the 3,517-3,545 level.
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