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Puncak Niaga in technical rally.
(From Business Times (Malaysia))
Byline: S.N. Lock
THE Kuala Lumpur Composite Index (KLCI) staged a technical pullback to its intra-week low of 956.86 last Wednesday on investors' initial concern of the coup in Thailand.
Key heavyweight index-linked counters continued to provide the critical support for the KLCI.
After providing the market stability, key heavyweight index-linked counters' subsequent rebound sent the KLCI back up to its intra-week high of 967.32 last Friday.
The KLCI's initial pullback and subsequent rebound demonstrated the underlying resilience of the key heavyweight index-linked counters.
The …
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