Google

Wednesday, March 31, 2010

public mutual update: latest market wrap report for the week ended 19 March 2010

WEEKLY HIGHLIGHTS

-courtesy of public mutual-

The FBM KLCI eased to a two-week intraday low of 1,294.9 points on Friday due to profit-taking following recent gains. The index closed at 1,296.6 points for a decline of 1.1% for the week.


Regional markets remained well-supported as investors were encouraged by the Federal Reserves benign view on inflation.

The domestic market is anticipated to continue moving in tandem with overseas markets as investors monitor the outlook for global economic activities and interest rates.

No comments: