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Hunza seen consolidating recent gains before moving to next upswing.
(From Business Times (Malaysia))
LAST week, share prices on the Kuala Lumpur Stock Exchange (KLSE) closed marginally lower despite a late attempt on Friday to lift the local bourse out of its range-bound trading activities.
With the US-led war against Iraq entering its second week of fighting, market sentiment has been swinging as the war progressed. The KLSE Composite Index (KLCI) continued to lag behind the performance of the New York and some of the regional equities markets.
The local bourse has been focusing its attention on the Severe Acute Respiratory Syndrome (SARS) outbreak in the region. Investors momentarily diverted their attention to the SARS amid signs of the deadly virus impacting on businesses and the economy.
The …
