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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.
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.
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.
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.