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Thursday, December 20, 2012

FBM KLCI - sign of exhaustion

Stocks on Bursa Malaysia finished in the positive territory for the second consecutive day yesterday helped by gains in telecommunications and plantation blue-chips. The overnight jump on Wall Street and firmer Asian stocks also helped boost overall market sentiment. The benchmark FBM KLCI which opened 6.98 points higher at 1,666.42 gained 6.2 points or 0.37% to 1,665.64, after moving between 1,660.99 and 1,667.7 for the day. Gainers led losers by 343 to 305, while 356 counters were unchanged. Volume fell to 737.148 million shares valued at RM1.445 billion from Tuesday's 826.965 million shares worth RM1.419 billion. ...Read more>>

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