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Wednesday, November 21, 2012

FBM KLCI - marginally higher on mild rebound

Stocks on Bursa Malaysia ended mixed in cautious trading yesterday with last-minute buying, particularly in finance and industrial stocks and selected heavyweights, helping push the Composite Index into positive territory. The market swung between gains and losses with most investors awaiting a clearer picture of the US fiscal cliff issues as well as renewed concerns on economic development in Europe. The FBM KLCI edged up 0.89 point to close at 1,624.20 after hovering within a range of 1,628.30 and 1,622.62. Losers led gainers by 358 to 298, while 362 counters were unchanged. Volume rose to 1.02 billion shares worth RM1.69 billion from the 848.81 million shares worth RM1.112 billion on Monday. ...Read more>>

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