DESPITE losing ground this week, the Chinese New Year rally is still expected to have its last hurrah at the Kuala Lumpur Stock Exchange (KLSE) next week. Observers say the market may get a boost from corporate announcements and continued investor interest following the entry of Valuecap Sdn Bhd.
“It's too early to declare the rally dead,” says a research head. “The uptrend is still intact. And there may be more developments involving listed companies and the authorities. Those will definitely stir things up.”
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