REVIEW: In line with the bullish offshore strength, Bursa Malaysia kicked off the week on a concrete platform, with the principal indicator, the FBM Kuala Lumpur Composite Index advancing 1.18 points to 1,584.12 on extended buying momentum in initial trade, led by the blue chips.
Market sentiment was promising, as momentum swung back to riskier assets, but unfortunately, soon after the market established a fresh all-time high of 1,589.93 in mid-morning, investors took the excuse of the growing overbought condition to book profit.