KLSE closes higher after measures announced


  • Business
  • Thursday, 22 May 2003

THE government decision to cut interest rates to historic low levels as part of the measures to boost the economy lifted stocks on the KLSE for the sixth consecutive day. 

The KLSE Composite Index rose 3.4 points to 640, led by blue-chips Genting Bhd, Perusahaan Otomobil Nasional Bhd, and Telekom Malaysia Bhd, which were also among yesterday's top gainers. 

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