The FBM KLCI rose to a 5-week intraday high of 1,545.2 points on Friday before closing at 1,540.7 points to register a gain of 1.7% for the week.
Most regional markets were well supported on news of better than expected 1Q2011 economic activities in Germany and France.
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.
Market Wrap: Week Ended 13 May 2011
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