REVIEW: Bursa Malaysia avoided a breakdown from the 1,800-point psychological level on extended correction, with the benchmark FBM Kuala Lumpur Composite Index (FBM KLCI) advancing 2.32 points to 1,811.45 at the start of the week, rebounding from a two-day slump, as investors took the cue from the strong overseas performance to come out from the sideline and indulge in bargain-hunting activity.
The underlying tone was overwhelmingly positive. Blue chips topped the winners board amid support from institutional funds and the cheaper issues hogged the turnover list on greater retail participations.
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