latest market wrap report for the week ended 18 February 2011 courtesy of public mutual bhd
WEEKLY HIGHLIGHTS
Led by firmer offshore markets, the FBM KLCI rose to a one-week intraday high of 1,521.2 points on Friday before closing at 1,517.6 points to register a gain of 1.5% for the week.
Regional markets strengthened on the back of better-than-expected economic activities in the U.S. and expectations that inflationary pressures in China may peak in the coming months.
Looking ahead, the local market is anticipated to move in tandem with overseas markets as investors continue to monitor the outlook for global economic activities.
Wednesday, February 23, 2011
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Market is struggling to keep its pace,and investors are struggling to stay invested in the market.
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