Volatility seen ahead of Budget 2008


PETALING JAYA: Volatility will return to the local bourse next week ahead of the announcement of Budget 2008 as the KL Composite Index (KLCI) is seen taking the cue again from the performance of the US stock market. 

Analysts in general said although Budget 2008, to be announced next Friday, was expected to be a “good one”, offering goodies to the rakyat, sentiment among local investors remained fragile due to uncertainties in the US market and lingering credit problems. 

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