Monday, July 23, 2012

market news

latest market wrap report for the week ended 20 July 2012

[courtesy of publi mutual berhad]

The FBM KLCI touched a record intraday high of 1,647.9 points on Thursday before closing at 1,643.0 points for a gain of 1.0% for the week.

Regional markets were generally firm on the back of resilient U.S. markets and ongoing expectations of monetary easing policies by central banks to support domestic demand.

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.

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