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A weekly column by G.M. Teoh on the performance of the KLSE's Main Board.
New share issues from Asia-Pacific outside of Japan fell nearly 29% in the first half of 2003, but they are expected to gather pace in the second half as investor fears over SARS (Severe Acute Respiratory Syndrome) fade and travel restrictions on investment bankers are lifted.
STRONG ongoing interest continued to push up prices of oil and gas related counters on the KLSE yesterday.
WORLD stock markets recorded a strong rebound in the first half of the year despite earlier concerns about the fallout of from war in Iraq and the Severe Acute Respiratory Syndrome (SARS) outbreak.