Kuala Lumpur Composite Index (FBMKLCI): Market expected to trade sideways

Filed Under (Finance Help) by Admin on 25-09-2009

The market opened positively Wednesday with a new year high after the Aidilfitri holiday. The FBMKLCI opened 10 points higher from the closing before the holiday to 1,231.33 points Wednesday. However, the bullish sentiment was not sustainable as regional markets start to weaken and investors lock in profits. The benchmark index then fell to 1,219.07 points. Another 1 point is taken away from the

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