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Tuesday, April 5, 2011

Market Wrap for the week ended 1/4/11


This is the market wrap report for the week ended 01 April 2011.

WEEKLY HIGHLIGHTS

Supported by higher offshore markets, the FBM KLCI rose to close at a 10-week high of 1,555.4 points and register a gain of 2.6% for the week.

Regional markets strengthened on the back of continued optimism that the global economic recovery will be sustained in the year ahead.

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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