Sunday, December 16, 2007

Buying Interest May Return

Malaysian shares end 0.5% lower at 1403.41 on profit-taking ahead of weekend, though overall trading activity sluggish; Lack of cues from Wall Street prompted most investors to stay on sidelines. Investors were also watching to see if the 1400 psychological support could hold. Now that it has ended above that level, a sign of the market's resilience, buying interest may return next week; tips KLCI to stay within 1385-1425 band in coming sessions; decliners beat advancers 453 to 347.


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