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KUALA LUMPUR: The FTSE Bursa Malaysia KL Composite Index surged to a 30-month high on Monday, spurred by a broadly positive earnings season and an even chance of a another rate hike later this week. Shares in Sime Darby, Maybank, CIMB and TNB led rising quality stocks.
PETALING JAYA: The construction sector emerged as the clear winner from Budget 2011 but a rally in the past months means stocks valuation are no longer cheap and the risk is higher.
KUALA LUMPUR: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives are expected to be firmer this week on expectations of better overseas demand amid tight supply.