REVIEW: Bursa Malaysia’s leading indicator, the FBM Kuala Lumpur Composite Index (FBM KLCI) soon retreated into negative territory in the wake of profit-taking activity, despite opening up 1.70 points to 1,822.91 at the start of the week.
Surprisingly, a sharp rebound in crude oil prices the previous Friday, spiking a hefty US$1.59 a barrel to US$49.76, was not helping.
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