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Proton heading for a brief consolidation.
Byline: S.N. Lock
SHARE prices on Bursa Malaysia tracked technical rebounds on Wall Street and regional stock markets last week. The FTSE Bursa Malysia Kuala Lumpur Composite Index continued to stay above its major psychological support of 1,200 points when it closed at 1,221.20 last Friday.
The FBM KLCI rallied from its intra-week low of 1,202.62 on Tuesday to its intra-week high of 1,221.20 on Friday, giving an intra-week trading range of 18.58 points.
The benchmark index rebounded from its intra-week low of 1,202.62 on Tuesday before closing at the week's high of 1,221.20 on Friday, giving a week-on-week gain of 12.92 points, or 1.07 per cent. Among …
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