Wednesday, December 26, 2007

Narrow Range

KLCI ends +0.1% at 1424.02 after staying in narrow range throughout the day in sluggish trade. The lack of fresh leads and weak investors interest because of the holiday season has been a recurring theme since last week and will likely to persist until the end of the year. Advancers outpace decliners 490 to 320, with profit-taking on select blue chips offset by rise in plantation stocks amid record high CPO prices; KLCI tipped to stay in 1415-1430 range tomorrow.


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