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Saturday, October 23, 2010

market wrap report for the week ended 15 October 2010

WEEKLY HIGHLIGHTS

  • The FBM KLCI crossed 1,500 points briefly on Thursday before closing at 1,489.9 points to register a modest gain of 0.6% for the week.

  • Regional markets generally strengthened on expectations of gains in selected regional currencies against the U.S. dollar.

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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