Published: 2009/06/27
RENEWED buying support in key heavyweight index-linked counters helped to reverse the falling trend on Bursa Malaysia. The Kuala Lumpur Composite Index (KLCI) continued to stay above its critical support of 1,050 when it closed at 1,075.77 points yesterday.
The KLCI opened marginally higher at 1,061.88 points before drifting lower to its intra-day low of 1,040.40 on Monday. The KLCI closed at 1,045.97 points, giving a day-on-day loss of 13.53 points, or 1.28 per cent. It continued to fall further on the weak performances on Wall Street and regional stock markets on Tuesday.
The KLCI staged a late-day rebound to close at 1,044.48 points, giving a day-on-day loss of 1.49 points, or 0.14 per cent.Renewed buying support in key heavyweight index-linked counters sent the KLCI higher on Wednesday. The KLCI closed at 1,057.85 points, giving a day-on-day gain of 13.37 points, or 1.28 per cent.
About Me
- Nuang
- Ibrahim bin Ramli@Nuang started his career with CIMB Wealth Advisors Berhad as Agency Manager in April, 2008.Previously he was an Internal Auditors and Accounts Executive with Perodua Sales Sdn Bhd since 17 August, 1994. His background:- 1.Certified of Achievement for Master Sales Leadership from Dr Lawrence Walter Ng of President of The Art Of Learning and International Of Learning Without Learning 2.Certified for eXtra Ordinary Performance of Lawrence Walter Award Certificate for One Million Ringgit Club 2007 3. Certified Life & General insurances 4. Conferred with Diploma in Business Studiess & Bachelor of Business Admin(Hons)Finance from UiTM, Terengganu Branch & Shah Alam respectively;
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