Timber stocks dominate trading on Bursa


PETALING JAYA: Timber-related counters dominated trading on the local bourse yesterday as demand and prices for logs and plywood are poised to escalate following the disaster in Japan.

This was amid a weak broader market where the FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) fell by a marginal 0.35 point, or 0.2%, to 1,492.09 in line with the performances of regional bourses which were mainly dragged down by fears of a nuclear emergency in Japan.

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