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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 weak inflow of foreign direct investment (FDI) into Malaysia has remained a key concern since the Asian financial crisis period. It has not helped any that the country's manufacturing sector's recovery is lagging owing to more current external concerns such as the threat of war and weak confidence in some of Malaysia's major trading partners.