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Forecasting price trends: A weekly column by G.M. Teoh on Crude Palm Oil, Soyoil, Cocoa and Tin/B>
GENTING Bhd and Resorts World Bhd share prices took a battering on the KLSE yesterday, amid worries that the group's hospitality business will be affected by the war in Iraq and the outbreak of sickness caused by the atypical pneumonia virus in parts of Asia.
THE KL stock market closed yesterday with a near-1% or 6-point dip on mounting fears that war would erupt in the Middle East any time this week.
THE prospect of imminent war against Iraq continued to be the dominant factor affecting share market sentiment yesterday, sending Asian bourses tumbling further.