LAST CLOSE (Jan 30): 664.77 points, down 4.04 points from a week ago. Week’s high: 672.51 points; Week’s low: 652.11 points.
The KLSE Composite Index (CI) turned volatile last week in reaction to developments in the Iraq issue. Prices initially dropped in early trading on Monday ahead of the United Nations inspectors report and rebounded strongly until mid-week when US President George W. Bush's tough talk of war in the State of Union address prompted another wave of selling and pressured the index to its lowest levels in three weeks.