latest market wrap report for the week ended 25 February 2011
courtesy of Public Mutual.
WEEKLY HIGHLIGHTS
The FBM KLCI closed at a 2 month low of 1,489.3 points to register a loss of 1.9% over the week in tandem with declines in regional markets.
Regional markets continued to ease on concerns of rising inflationary pressures amidst elevated oil prices.
Looking ahead, the local market is anticipated to move in tandem with overseas markets. Investors will continue to monitor the outlook for economic activities, oil prices, inflation and regional interest rates.
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