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Tuesday, February 19, 2013

FBM KLCI - lower on continued selling pressure

Stocks on Bursa Malaysia closed easier yesterday as investors continued to reduce their holdings, led by heavyweights. Meanwhile, most of the regional bourses were on positive territory. The FBM KLCI dropped 7.00 points or 0.43% to 1,620.93, dragged down by losses mostly seen in CIMB Group. CIMB, which dropped eight sen or 1.13% to RM7, pulled down the benchmark index by 1.11 points. Losers outnumbered gainers by 399 to 209 while 315 counters were unchanged. Total volume rose to 765.343 million shares worth RM929.716 million from Friday’s closing of 749.828 million shares worth RM1.193 billion. ...Read more>>

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