KL market stages strong rebound


THE local stock market broke out from its consolidation phase of the past month to stage a strong rebound yesterday, sending the KLSE Composite Index (CI) 1.45% or 11.28 points up to a two-week high of 790.56. 

The volume of shares traded also increased, rising to 618.3 million compared with 464 million last Friday, with gainers outnumbering losers about 7:1. 

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