Monday, July 2, 2012

latest market wrap report for the week ended 29 June 2012

news courtesy of public mutual


         The FBM KLCI touched a record intraday high of 1,611.5 points on Monday before closing at 1,599.2 points, down 0.2% for the week.

       Regional markets generally moved higher after European leaders announced new initiatives to support troubled banks in the Eurozone.

         Looking ahead, the performance of the local and regional markets will depend on improvement in U.S. economic activities and developments in the Eurozone.

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