CI surges strongly on high volume


  • Nation
  • Friday, 04 Jul 2003

KUALA LUMPUR: The KLSE Composite Index (CI) yesterday surged 2.65% or 18.67 points to 721.93 in the most actively traded day in nearly three and a half years. 

Heavy buying of blue chip stocks by institutional funds, a sign some analysts take as entry of foreign funds into the KLSE, propelled the volume of shares traded to 1.07 billion. The value of shares traded nearly doubled from Wednesday to just shy of RM2bil. 

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