Stocks on Bursa Malaysia closed lower yesterday in line with other Asian bourses, after investors succumbed to profit taking after recent gains. Nonetheless, the FBM KLCI outperformed its regional peers by only retreating 0.073%, thanks to gains in selected blue-chips like YTL Power International, Public Bank and Hong Leong Bank. The benchmark FBM KLCI ended 1.20 points or 0.07% lower at 1,633.35, after opening at 1,634.65 and hovered between 1,630.73 and 1,637.51. Losers led gainers by 444 to 220, while 309 counters were unchanged. Volume fell to 951.110 million shares valued at RM1.335 billion from the 1.355 billion shares valued at RM1.739 billion on Monday. ...Read more>>
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