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Stock market puts on another strong showing
IT WAS another strong day for the local stock market. Foreign buying of blue-chip stocks pushed the KLSE Composite Index (CI) 20 points higher.
Malaysia gets belated recognition from non-believers
THE decision by global rating agency Standard and Poor#146;s (Samp;P) to upgrade Malaysia#146;s long-term foreign currency rating (together with that of Thailand and Indonesia) must be particularly gratifying for Prime Minister Datuk Seri Dr Mahathir Mohamad.
Steady rise in volume and value of shares traded
THE volume and value of transactions on the KLSE have been growing steadily since July this year, albeit with intermittent profit-taking.
Laggard KLSE presents investors opportunities
DESPITE the heightened activity on the KLSE of late, the local bourse is still lagging when compared against regional markets in terms of gains since early this year. But this is cause for optimism.
KLSE CI surges to 17-month high
AN upgrade in Malaysia's credit rating plus continued interest in blue chips lifted the KLSE Composite Index (CI) yesterday to its highest level in nearly 17 months.
Foreign funds returning to KLSE
THERE are strong indications long-term foreign funds are already poised to return to the KLSE as both political and economic factors are favourable for their return, fund managers said as the KLSE Composite Index (CI) broke through the 750 barrier yesterday.
Blue-chip buying lifts CI by 6 points
FRESH buying interest in blue-chip stocks helped send the KLSE Composite Index (CI) up 5.82 points or 0.78% yesterday to 748.55 - its highest close since Sept 9.
MK Land aims high for key project
PROPERTY developer MK Land Bhd hopes to achieve sales of RM500mil from its key township project of Damansara Perdana in Selangor in the financial year ending June 2004.
Analysts: CI may test 800 by year-end
THE bullish tone on the KLSE is set to continue and technical analysts are expecting the Composite Index (CI) to test the 800-point range by the end of the year.
ABN Amro focuses on strength
THE banking industry in the country remains a challenging but rewarding environment for the Netherlands-based ABN Amro Bank Bhd, said country representative and acting managing director Jeremy Oliver.