REVIEW: After partying for some four weeks, it is expected that the FTSE Bursa Malaysia KL Composite Index (FBM KLCI) will correct and absorb all that frenetic buying and finally conform to the regional markets’ profit-taking phase. As of Friday, markets had started to pick up on good economic data from the United States.
For the entire week, the FBM KLCI fell a total of 25.61 points to 1,762.19. On Friday, the index rallied up 19.32 points to 1,762.19 on volume of 1.87 billion shares.
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