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Thursday, April 14, 2011

Market Wrap for the week ended 8/4/11

This is the market wrap report for the week ended 08 April 2011.


After touching a 2-month intraday high of 1,565.0 points on Monday, the FBM KLCI moved in a trading range, closing at 1,557.5 points to register a marginal gain of 0.1% for the week.

Most regional equity markets were well-supported on continued expectations that corporate earnings will be resilient.

Looking ahead, the local market is anticipated to move in tandem with overseas markets. Investors will continue to monitor the outlook for economic activities, oil prices, inflation and regional interest rates.

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