Market is locked in consolidation phase


  • Business
  • Saturday, 01 Mar 2003

TRADING on the Kuala Lumpur Stock Exchange (KLSE) is expected to remain in a nervous mood next week as investors continue to head for the latest developments in the impending US-Iraq crisis. 

JF Apex Securities dealing manager Peter Tai says the benchmark Kuala Lumpur Composite Index (CI) is expected to trade in a tight range at least for the next few weeks. “Nothing will be changed until we see a definitive development in the crisis,'' he says. 

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