Market wrap report for the week ended 10 July 2009

WEEKLY HIGHLIGHTS

The newly introduced 30-stock component FTSE Bursa Malaysia KLCI (FBM KLCI), which replaced the 100-component stock KLCI on 6th July, moved in a trading range before closing at 1,067.8 points to register a marginal loss of 0.5% for the week.

Regional markets were mixed as investors generally stayed on the sidelines in the absence of fresh leads.

Looking ahead, the outlook for regional equity markets will depend on the trend of regional exports, the impact of fiscal stimulus in each country, the outlook for U.S. economy and reforms in the U.S. financial sector.

Public Mutual declares distribution for 7 funds

Public Mutual has declared the following distributions:

PB Growth Fund - 7.5 sen/unit
PB Balanced Fund - 6 sen /unit
PB fixed Income fund - 5 sen/unit
PB Islamic Bond Fund - 3 sen/unit
Public Islamic Money Market fund - 2.5 sen / unit
PB Islamic Cash Management fund - 2.5 sen / unit
PB Cash Management fund - 2.5 sen/unit

Market wrap report for the week ended 3 July 2009

WEEKLY HIGHLIGHTS

The KLCI touched a 2-week intraday high of 1,083.2 points before mild profit-taking caused the index to close at 1,072.7 points to register a marginal loss of 0.3% over the week.

Regional markets closed on a mixed note following the decline in U.S. markets.

After rebounding in 2Q2009, regional markets have recently moved in a trading range amidst profit-taking activities. Looking ahead, investors will continue to monitor the outlook for U.S. credit market, global economic growth and interest rates.