LAST CLOSE (Nov 21): 774.5 points, down 20.5 points from a week ago. Week’s high: 795.0 points; Week’s low: 761.0 points.
The Malaysia Derivatives Exchange (MDEX) KLCI futures prices were pressured lower on aggressive selling, sinking to a seven-week low before reversing direction in late trading on Friday to close the week sharply lower. Expectations that the technical upward correction would continue after the long Hari Raya holidays encouraged many short-position holders to realise profits.