SENTIMENT on the Kuala Lumpur Stock Exchange (KLSE) during the week was very much the same as the week before. The market continued to fluctuate in a narrow range with investors staying on the sidelines, reluctant to commit fresh positions in view of the uncertainties in the international arena.
On the back of weaker reading from the technical tools, the KLSE opened the week on a negative note. Mild selling on bluechips caused the benchmark Composite Index (CI) to breach the 650-point support briefly in the afternoon session on Monday before late recovery lifted it back to above this support line at the close.
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