• After easing to the weeks intraday low of 1,452.6 points on Thursday in line with weaker offshore markets, the FBM KLCI rebounded on Friday to close at 1,477.5 points and register a slight loss of 0.3% for the week.
  • Regional markets closed on a mixed note on fears that a potential referendum by the Greek people on the EUs bail-out plan could cause renewed uncertainties for the Eurozone.
  • Looking ahead, the performance of the local and regional markets will depend on developments pertaining to the sovereign debt issues in the U.S. and European markets.