Google

Tuesday, June 29, 2010

Market Wrap dated 25 June 2010

WEEKLY HIGHLIGHTS
- courtesy of Public Mutual Berhad -

  • The FBM KLCI touched a 5-week intraday high of 1,335.3 points on Monday before moving sideways and closing at 1,326.5 points to register a gain of 0.7% for the week.

  • Regional markets generally closed on a firmer note as investors remained optimistic that higher flexibility in Chinas currency could increase Chinas demand for regional products and services.

  • 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.

No comments: