Wednesday, August 8, 2012

latest market wrap report for the week ended 3 August 2012 from public mutual

- courtesy of public mutual

  • The FBM KLCI moved in a tight range and closed at 1,635.0 points for a gain of 0.6% for the week.
  • Regional markets closed the week mostly firm amid highly anticipated policy announcements from the Federal Reserve and the European Central Bank (ECB).
  • 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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