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BARGAIN hunting in selected heavyweight blue chips in the last five trading minutes yesterday, the last trading day of the lunar Year of the Horse, helped lift the KLSE Composite Index (CI) off its day low of 658 points. It closed at 665, still 0.67 of a point lower than Wednesday's finish.
THE KLSE extended its winning streak into a 5th consecutive day yesterday, with news of corporate takeovers providing further mo-mentum to an already buoyant market.
THE KLSE closed higher for the third day in a row yesterday with a strong trading volume, but heavy profit-taking pared gains in the afternoon. The benchmark Composite Index (CI) ended an active trading day up nearly 10 points at 661.41.
A RALLY sparked off by news that Valuecap Sdn Bhd, with RM10bil for local equity investment, had started operations last Friday lifted the KLSE Composite Index (CI) by more than 2% yesterday.