LAST close (June 13): 689.94 points, up 8.30 points from a week ago. Week’s high: 694.44 points; Week’s low: 681.03 points.
The KLSE Composite Index (CI) resumed its upward rally last week as aggressive bulls absorbed large profit-taking volume and enable the CI to close Friday at its highest levels in 9½ months. Volatility improved for the week as funds and retail speculators bought into the market in anticipation that the bullish rally would move from a canter to a gallop.
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