Thursday, November 5, 2009

Market wrap report for the week ended 30 October 2009

Market wrap report for the week ended 30 October 2009

- courtesy of Public Mutual Berhad -

WEEKLY HIGHLIGHTS

The FBM KLCI retreated to a 2-week intraday low of 1,236.2 points on Thursday and closed at 1,243.2 points to register a loss of 1.9% for the week.

Regional markets closed lower as U.S. markets retraced amidst profit-taking.

Looking ahead, the local market is anticipated to move in tandem with overseas markets. Investors will continue to monitor the outlook for the U.S. and global economic activities and interest rates.

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