Monday, October 01, 2007

Breadth Positive

KLCI ends +0.8% at 1347.05 in heavy volume led mostly Telekom Malaysia but profit-taking into strength dragged benchmark off its intraday high of 1353.71, say dealers. Market breadth positive; gainers trumped decliners 448 to 365. KLCI to trade in 1333-1350 range tomorrow. Telekom's share price movement contributed to more than 70% of the benchmark's rise today. Depending on the performance on Wall Street.


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