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Ngiu Kee price trend poised for higher levels ..LE: 293 ..PG: 07 ..PU: BT ..TX: SENTIMENT on Bursa Malaysia Bhd was lacklustre in a directionless market as key heavyweight index-linked counters consolidated on a lack of fresh leads. The Kuala Lumpur Compo.

Asia Africa Intelligence Wire

| July 28, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Business Times (Malaysia))

SENTIMENT on Bursa Malaysia Bhd was lacklustre in a directionless market as key heavyweight index-linked counters consolidated on a lack of fresh leads.

The Kuala Lumpur Composite Index (KLCI) continued to trend in a tight trading range yesterday. The KLCI drifted to its intra-day low of 835.62 before closing at 836.15 points, registering a day-on-day loss of 2.34 points, or 0.28 per cent.

While the lower liners provided the volume, it was the second liners that provided the price dimension of the market. Ngiu Kee Corp Bhd emerged with a double-digit gain. Its daily price trend posted a day-on-day of 31 sen, or 11.61 …

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