Record-setting heavyweights lift KLCI


  • Business
  • Saturday, 22 Apr 2006

PETALING JAYA: Several big-cap stocks on Bursa Malaysia rose to record highs yesterday and pushed the Kuala Lumpur Composite Index (KLCI) to its highest level since August last year. 

The KLCI hit an intra-day high of 950.44 points before closing at 948.19, up 1.57 points. Analysts said the outlook for the market could be considered bullish only if there was a convincing surge in the index above the resistance level of 953.88 points. 

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