THE bulls in the local stock market continued their charge yesterday, bolstering the KLSE Composite Index by 13.3 points, or 1.5%, to 885.3 – the highest level since June 2000.
Analysts said the stronger-than-expected gross domestic product (GDP) growth of 5.2% for 2003 and 6.4% growth in the fourth quarter, plus the release of a spate of impressive corporate earnings that had beaten market consensus by a rather wide margin, had reinforced the optimistic outlook for the KL market.
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