Stocks on Bursa Malaysia closed higher yesterday in tandem with the advances in Asian markets driven by expectations of more measures by policymakers in China to boost flagging growth in the world’s second largest economy. The FBM KLCI gained 8.54 points or 0.53% to 1,627.84 after opening 1.8 points higher at 1,621.10, fueled by buying in selected heavyweights. Gainers led losers by 363 to 303, with 322 counters unchanged. Turnover decreased to 731.340 million shares worth RM1.384 billion from 889.356 million shares worth RM1.448 billion on Wednesday. ...Read more>>
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Friday, September 28, 2012
Thursday, September 27, 2012
Stocks on Bursa Malaysia closed mostly lower yesterday in tandem with losses on regional markets burdened by concerns over the Euro-zone debt crisis, as well as doubts that stimulus initiatives by policymakers worldwide was enough to spur growth, and investor sentiment on global markets was also dampened by the weak business confidence in Germany. The FBM KLCI, however, gained 0.72 of a point to 1,619.30 after touching an intra-day low of 1,612.78, driven by recovery in share prices of selected heavyweights. Decliners beat gainers by 374 to 283 with 342 counters unchanged. Turnover decreased to 889.356 million shares worth RM1.448 billion from the 989.375 million shares worth RM1.471 billion on Tuesday. ...Read more>>
Wednesday, September 26, 2012
Stocks on Bursa Malaysia closed mostly higher yesterday, driven by gains in selected heavyweights as the market recouped some of its earlier losses. Despite the lingering European debt crisis, stimulus initiatives undertaken by central banks of major economies gave hope for a market rebound in global markets. The FBM KLCI closed 6.20 points or 0.38% higher at 1,618.58 after hitting an intra-day low of 1,603.09. Gainers beat losers by 331 to 329 while 342 counters were unchanged. Turnover surged to 989.375 million shares worth RM1.471 billion from 827.15 million shares worth RM1.351 billion registered on Monday. ...Read more>>
Tuesday, September 25, 2012
Stocks on Bursa Malaysia closed lower yesterday in line with weaknesses on regional markets plagued by fears of slowing global economic growth and amid the ongoing euro zone debt crisis. Investors were also adopting a cautious “wait-and-see” attitude ahead of the tabling of next year’s budget on Friday. The FBM KLCI lost 11.32 points or 0.7% to 1,612.38 after opening 9.35 points lower at 1,614.35. Losers led gainers by 571 to 183 while 302 counters were unchanged. Turnover decreased to 827.15 million shares worth RM1.351 billion from last Friday's 1.075 billion shares worth RM1.911 billion. ...Read more>>
Monday, September 24, 2012
Stocks on Bursa Malaysia ended last Friday slightly lower on uncertain global economic sentiment, despite positive regional markets. The FBM KLCI ended 1.89 points or 0.12% lower at 1,623.7 after hovering between 1,619.08 and 1,633.65, while on a weekly basis, the benchmark index lost 19.25 points from 1,642.95. Losers led gainers by 350 to 337 while 366 counters were unchanged. Total turnover was higher at 1.08 billion shares worth RM1.91 billion from 899.29 million shares valued at RM1.46 billion on Thursday. Weekly volume fell to 3.85 billion shares, valued at RM6.99 billion, from previous week's 4.73 billion shares, valued at RM8.52 billion. ...Read more>>
Friday, September 21, 2012
Stocks on Bursa Malaysia ended yesterday on an easier note on profit-taking activities after the recent market rally, moving in line with the weaker regional sentiment as Asian bourses were affected by the weak China purchasing managers’ index (PMI) number released yesterday. The FBM KLCI ended 20.52 points or 1.25% lower at 1,625.59 after hovering between 1,620.68 and 1,640.29. Losers led gainers by more than double at 551 to 184 while 312 counters were unchanged. Total turnover was lower at 899.29 million shares worth RM1.46 billion from Wednesday's 1.03 billion shares valued at RM1.74 billion. ... Read more
Thursday, September 20, 2012
Wednesday, September 19, 2012