THE KL stock market surged 14 points in the first 10 minutes of trade yesterday, spurred by the Barisan Nasional’s landslide victory in Sunday's general election, but profit-taking and poor regional market sentiment trimmed its gains as the day progressed.
At the close, the KLSE Composite Index (CI) was up only 4.51 points at 908.96, but that was still in marked contrast to the regional trend, which saw markets throughout Asia fall on increasing geopolitical concerns and regional stability issues.
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