Tuesday, January 08, 2008

One Thousand Five Hundreddddd

KLCI ends +1.3% at new record high of 1489.74 in heavy volume of 1.26 billion shares led by gains in construction, finance and property stocks. Market breadth positive; gainers beat decliners 597 to 245. The benchmark may rise to to test 1500 psychological resistance tomorrow. Buying interest from local funds lifted shares of government-linked companies and banking stocks. The ringgit's continued strength (USD/MYR at 3.2710, level last seen in Nov. 1997), attracted fresh buying interest from foreign funds. Notes also rise in volume traded, supported by increased participation by retail investors.

TOMYAM SHOPPING LIST

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