Thursday, February 22, 2007

22-02-2007: Mild profit taking, but volume hits new high

Mild profit-taking activities set in on Feb 22, a day after the KLCI rose to a near 14-year high and trading volume hit a new record. Given the momentum of the rally and extent of gains so far, some intermittent profit-taking activities are only to be expected – and is healthy for the market.


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