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The first part yesterday of the roundtable discussions dwelt on the KLSE#8217;s lacklustre performance for 2002, and the factors contributing to its weakness. The concluding part talks about the market#8217;s probable outlook for this year, given the looming prospect of war in Iraq.
IT WILL soon be time for speculation to yield completely to reality. At least, this is the case for those who have taken part in the share market whirl #8211; the so-called I>Reactorrim /I>play #8211; that has lifted the prices of several counters following announcements of joint ventures (JVs) to consolidate rubber smallholdings.
EVEN though 2003 will be a challenging year for the unit trust industry in view of the global economic slowdown and depressed investment environment, many unit trust management companies are still optimistic that the industry will continue to grow this year.
WITH 2002 being a favourable year for world commodity markets, many plantation companies have been benefiting from the surge in crude palm oil prices. Thus, it comes as no surprise that many are putting aside a larger cash horde to reward shareholders.