Local Market Leads:
♦ Tracking the sustainable rally in the US markets as well as the optimism over Asian’s economic prospects, the local bourse headed higher for the fourth trading day on Friday.
♦ Investors interpreted the latest interest rate hikes by Malaysia and South Korea as a confidence vote on further economic recovery. South Korea central bank unexpectedly raised interest rate by 25 bps to 2.25% on Friday.
Mandarin Version : Market Technical Reading - Poised To Hit 1,335 June’s High Soon...- 12/7/2010
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