KUALA LUMPUR: Blue chips surged in the morning session on Tuesday, in tandem with the strong key regional markets, as sentiment was boosted by JP Morgan’s revised offer for Bear Stearns shares from US$2 to US$10 (RM6.40 to RM32).
At Bursa Malaysia, investors were optimistic about Prime Minister Datuk Seri Abdullah Ahmad’s announcements to speed up economic reforms and revamp the bond and stock markets.
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