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THE KLSE Composite Index (CI) fell four points or 0.5% to 813 yesterday on profit-taking in large-cap stocks but buying interest in lower liners, especially second board and technology stocks, helped buoy sentiment.
THE stock market welcomed the smooth transition of political leadership yesterday with the KLSE Composite Index (CI) closing five points higher at a 38-month high of 817 points despite bouts of profit taking.
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.
THE KLSE Composite Index (CI) punched through the 750-point barrier with a rise of 7 points yesterday as blue-chip stocks rose strongly.
PETROLIAM Nasional Bhd (Petronas) will maintain the amount of money it spends on oil exploration and production at RM6bil per annum and does not plan to increase that sum any time soon, said its president and chief executive officer, Tan Sri Mohd Hassan Marican.
THE Malaysian bond market is gradually entering a buoyant cycle and institutional investors should look to the domestic bond market for capital gains opportunities, particularly bonds with credit ratings lower than the AAA issues such as AA or single-A corporate bonds.
SAPURA Energy Sdn Bhd, which is venturing into Myanmar and Thailand this year, expects its overseas ventures to make a significantly higher contribution to its revenue for the financial year ending Jan 31, 2004.