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Thursday, December 5, 2013

FBM KLCI - lower on profit-taking

Stocks on Bursa Malaysia closed lower yesterday on last-minute sell-off as investors feel the FBMKLCI is already richly-valued following previous day’s record high. The benchmark index fell 10 minutes before closing and ended 2.39 points or 0.13% lower at 1,821.9 after hovering between 1,819.96 and 1,828.46. Losers led gainers by 394 to 347, with 319 counters unchanged. Volume transacted totaled 1.19 billion shares worth RM1.54 billion against Tuesday’s 1.24 billion shares worth RM2.1 billion. ...Read more>>

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