• The FBM KLCI retested a new record intraday high of 1,670.2 points on Friday before closing at 1,666.4 points for a gain of 0.8% for the week.
  • Regional markets closed higher on expectations that Chinas economic activities have bottomed out in 3Q2012 and that growth will strengthen in the current quarter.
  • Looking ahead, the local market is anticipated to move in tandem with overseas markets as investors continue to monitor the outlook for global economic activities.