CI tests critical 800 mark as market surge continues


  • Business
  • Saturday, 11 Oct 2003

The local stock market continued to surge strongly yesterday, propelling the KLSE Composite Index (CI) briefly above 800 points before profit-taking pulled it back below the psychologically important mark. 

The index, which rose by as much as 21 points to 800.7 in the morning, eventually ended the last trading day of the week at 790.6. But that was still 11 points or 1.4% above Thursday's closing level, taking the CI's total gain for the week to some 50 points or 6.8%. 

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