Monday, January 07, 2008

Mixed

KLCI ends +0.3% at new record closing of 1470.77; trading choppy throughout the day, with KLCI fluctuating between positive, negative territory; The losses on Wall Street and around the region weighed on the market, but this was offset by buying interest in defensive sectors like plantations, oil and gas and construction, which are more insulated from external factors; decliners beat advancers 484 to 312; KLCI tipped to move in 1460-1480 range tomorrow.

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