The market started on a firmer note and was able to sustain its uptrend until the closing bell. It seemed to react positively toward the announcement Datuk Seri Abdullah Ahmad Badawi would be handing over his current postions to his deputy Datuk Seri Najib Tun Razak by June 2010. The KLCI surged 14.90 points or 1.31% to 1150.39, led by strong performance on blue chips. KLCI's top leaders were TM International (+30 sen to RM6.45), Public Bank (+30 sen to RM10.50) and MISC (+20 sen to RM8.30) while laggards were KNM (-15 sen to RM5.80), MAS (-6 sen to RM3.04)
and BAT (-25 sen to RM41.75). Market breath was positive with 400 advancers against 190 decliners. Volume climbed back to above the 300m level to 345m
units valued at RM0.82b from 291m units worth RM0.62b last Thursday. For the week, the index rebounded 1.43%.
Source: JF Apex Securities Bhd
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