KLSE ends 2002 with a whimper, Maybank top loser

THE last trading day of 2002 saw the KLSE Composite Index (CI) closing not with a bang, but with a whimper. The much anticipated last minute window-dressing activities failed to make an impact. Instead heavyweight Maybank – a key component stock of the CI – lost 45 sen, dragging the market down. 

At the close, the CI lost 2.11 points to 646.32, which was 50 points or 7% lower than it was at the beginning of the year. Maybank’s loss alone had cost the CI 3.3 points.