61. The dollar was moving higher late in the morning session because of usually short-lived technical rebounds from previous moves, said Ryoko Kawashima, a dealer at Citibank. 62. The KLSE had started strongly enough last Monday as buying support from local institutions helped the bourse towards a technical rebound. 63. The hard currency B-share index closed marginally higher on Thursday on a technical rebound from losses over seven consecutive sessions, analysts said. 64. The Nikkei index managed to remain in positive territory because of a technical rebound, traders said. 65. The local bourse, after two days of selldown, was relatively oversold leading to the technical rebound, said analysts. 66. The only way to make money in the short term is to play a technical rebound. 67. The peso also staged a technical rebound from its recent heavy losses, traders said. 68. Therefore, it recommends investors to make use of this technical rebound to short the futures market. 69. Traders said Bank Negara was in the currency market in the morning giving the signal of a technical rebound. 70. Traders said Malaysian shares rose on a technical rebound following four successive days of falls. |