THE relentless surge in oil and gas stock prices locally, coupled with strong gains in regional markets after the yen strengthened, helped the KLSE Composite Index (CI) stage a dramatic 11-point swing yesterday. From being down as much as 3.5 points, the benchmark index rebounded sharply to close almost 8 points or 1% up at 745 in the best trading day in nearly a month.
The volume and value of shares traded were the highest since Aug 28. A total of 708 million shares valued at RM1.35bil changed hands in the course of the day.