Stocks: Cautious optimism reigns


EVERYONE said 2009 was going to be bad for stocks. But hey, on average, the regional markets have gone up 60% year to date. Investors who had been pessimistic have missed out, but is there a still a chance for them to make the same kind of profits?

With the FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) having gained some 45% already, it may be foolhardy to expect similar returns this year.

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