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STOCKS on the KLSE ended August on a weak note, with the Composite Index (CI) dropping 0.4% to 743 yesterday ahead of the long Merdeka weekend but up 3% for the entire month following the market's breakout from a consolidation period at the end of July.
A former executive of Citigroup Global Markets Inc. was indicted on charges he embezzled more than $70,000 from two mutual funds he controlled.
Shares on the KLSE, especially small-cap stocks, rallied on strong volume yesterday as a number of corporate proposals boosted market sentiment.
FN DAIRIES (M) Bhd has been improving its operational efficiency in anticipation of stiffer competition and further product diversification.
PEOPLE often shun volatility because it evokes images of change, unpredictability and instability. As creatures of comfort, we relish stability. However, investors should view volatility more positively, as a volatile market offers many opportunities.