Latest market wrap report for your reference.
-courtesy of public mutual -
WEEKLY HIGHLIGHTS
The FBM KLCI eased to an intra-day low of 1,253 points on Friday amidst the decline in regional and global markets before closing at 1,259.16 points to register a loss of 3.2% for the week.
Regional markets eased on concerns that Chinas credit tightening measures may dampen growth in regional economies.
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.
Thursday, February 4, 2010
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