FBM KLCI - lower on profit-taking

Stocks on Bursa Malaysia closed lower yesterday dampened by selling in small caps. The local stock market took cue from the weaker regional bourses as renewed concerns in Europe wiped out investors risk appetite. At close, the benchmark FBMKLCI declined 1.58 points or 0.09% to 1,766.83 after moving between 1,753.95 and 1,770.52 throughout the day. Losers outpaced gainers by 402 to 382, while 304 were unchanged. Total volume rose to 1.6 billion units worth RM1.6 billion from 1.3 billion units worth RM1.3 billion on Monday. Read more >>

FBM KLCI - rebounded to close higher

Stocks on Bursa Malaysia closed mixed yesterday with the benchmark FBMKLCI rebounded at close after a weak start in the morning lifted by positive external sentiment, as the local stock exchange tracked the firmer regional stock markets following fresh gains on Wall Street. At close, the index rose 3.97 points or 0.23% to 1,768.41 after hovering between 1,753.97 and 1,770.06 throughout the day. Losers outpaced gainers by 376 to 343, while 286 were unchanged. Total volume jumped to 1.3 billion shares worth RM1.3 billion from Friday’s 846.49 million shares worth RM870.12 million. Read more >>

FBM KLCI - likely to trend higher

Stocks on Bursa Malaysia ended on a firm note last Friday with the benchmark FBMKLCI hitting more than a two-week high, boosted by year-end window-dressing activities. Bursa Malaysia was closed on Thursday for Christmas holiday. The benchmark FBMKLCI rose 14.70 points or 0.84% to 1,764.44 after moving within a range of 1,747.20 to 1,765.61 throughout the day. On a Friday-to-Friday basis, the key index gained 48.45 points or 2.82% from previous Friday’s 1,715.99. Gainers trounced losers by 436 to 255, while 301 were unchanged. Total volume fell to 846.49 million shares worth RM870.12 million from 1 billion shares worth RM995.56 million on Wednesday. Weekly turnover dropped to 4.99 billion shares worth RM5.17 billion from 9.42 billion shares worth RM10.63 billion the previous week. Read more >>

FBM KLCI - marginally higher

Stocks on Bursa Malaysia closed mixed on Wednesday, with the benchmark FBMKLCI brings cheers on Christmas Eve by staging a mild response to Wall Street breaching the 18,000 mark on Tuesday. The benchmark FBMKLCI rose 0.69 of a point or 0.04% to end at 1,749.74 after hitting an intra-day low of 1,732.15. Losers led gainers by 394 to 333 while 313 were unchanged. Total volume fell to 1 billion shares worth RM995.56 million from 1.5 billion shares worth RM1.67 billion on Tuesday. Read more >>

FBM KLCI - sign of reversal

Stocks on Bursa Malaysia ended on a firmer note yesterday on continuous buying support for selected heavyweights and index-linked stocks amid mixed regional markets. The benchmark FBMKLCI gained 5 points or 0.29% to end at 1,749.05, after opening 1.37 points higher at 1,745.42 and moved between 1,744.96 and 1,754.27. Losers trounced gainers by 542 to 280, while 247 counters were unchanged. Total volume fell to 1.51 billion shares worth RM1.67 billion from 1.58 billion shares worth RM1.64 billion on Monday. Read more >>

FBM KLCI - higher on follow through buying

Stocks on Bursa Malaysia finished on a firm note yesterday on window-dressing, which was in line with regional bourses performance. At close, the benchmark FBMKLCI rose by 28.06 points or 1.64% to end at 1,744.05, after opening 7.88 points higher at 1,723.87. Gainers trounced losers by 695 to 203, while 221 counters were unchanged. Total volume fell to 1.58 billion shares worth RM1.64 billion from 1.87 billion shares worth RM2.21 billion on last Friday. Read more >>

FBM KLCI - likely to extend rebound

Stocks on Bursa Malaysia finished higher last Friday on continuous buying support in selected blue- chips throughout the day. The benchmark FBMKLCI rose 16.04 points or 0.94% to close at 1,715.99, after opening 6.52 points higher at 1,706.47. However, on a weekly basis, the benchmark index fell 17 points or 0.98% from previous week’s 1,732.99. Gainers trounced losers by 606 to 257, while 277 counters were unchanged. Total volume fell to 1.87 billion units worth RM2.2 billion from 1.9 billion units worth RM1.9 billion on Thursday. Weekly turnover increased to 9.42 billion shares worth RM10.63 billion from 6.58 billion shares worth RM8.12 billion last week. Read more >>

FBM KLCI - higher on follow through rebound

Stocks on Bursa Malaysia finished higher yesterday on renewed buying interests by local investors. At close, the benchmark FBMKLCI stood at 1,699.95, up 18.05 points or 1.07%, after opening 6.13 points higher at 1,688.03. Gainers trounced losers by 761 to 180, while 193 counters were unchanged. Total volume fell to 1.91 billion units worth RM1.93 billion from 1.94 billion units worth RM2.06 billion on Wednesday. Read more >>

FBM KLCI - rebounded to close higher

Stocks on Bursa Malaysia ended higher yesterday, rebounding from Tuesday’s steep decline as local investors took advantage of foreign selling. At close, the benchmark FBMKLCI stood at 1,681.9, up 7.96 points or 0.48%, after opening 0.9 point lower at 1,673.04. Market breadth was positive with gainers trounced losers by 648 to 257, while 228 counters were unchanged. Total volume rose to 1.94 billion units worth RM2.06 billion from 1.64 billion units worth RM2.1 billion on Tuesday. Read more >>

FBM KLCI - down on continued selling pressure

Stocks on Bursa Malaysia ended lower yesterday on selling pressure, sparked by the continuous fall in oil prices, reduced demand and slower global growth. Share prices retreated as investors remained on the sidelines following news that the US Federal Reserve will start its two-day monetary policy review later of the day. At close, the FBMKLCI fell 23.37 points or -1.38% to 1,673.94, after opening 8.57 points lower at 1,688.74. Losers trounced gainers by 572 to 296, while 275 counters were unchanged. Total volume slipped to 1.64 billion units worth RM2.1 billion from 2.06 billion units worth RM2.32 billion on Monday. Read more >>

FBM KLCI - down on bearish sentiment

Share prices on Bursa Malaysia tumbled to a 16-month low yesterday, dampened by selling pressure in blue-chips and selected heavyweights, following a substantive drop in New York's market last Friday. The benchmark FBMKLCI fell 35.68 points, or 2.06%, to close at 1,697.31, after declining to as low as 1,695.6 points. Market breadth was negative as losers trounced gainers by 1,010 to 66, while 116 counters were unchanged. Total volume increased to 2.06 billion units worth RM2.32 billion from 1.46 billion units worth RM1.78 billion on last Friday. Read more >>

FBM KLCI - likely to continue downtrend

Stocks on Bursa Malaysia closed lower last Friday, in contrast to the overnight US market, which rose following positive retail sales data. The benchmark FBMKLCI fell 11.58 points or 0.66% to 1,732.99, after opening 0.47 point higher at 1,745.04. Week-on-week, the FBMKLCI declined 16.38 points from previous Friday’s 1,749.37. Losers led gainers by 689 to 177, while 252 counters were unchanged. Total volume advanced to 1.46 billion units worth RM1.78 billion from 1.23 billion units worth RM1.50 billion on Thursday. Weekly turnover decreased to 6.58 billion shares, worth RM8.12 billion from 9.76 billion shares, worth RM11.16 billion on previous week. Read more >>

FBM KLCI - lower on profit-taking correction

Stocks on Bursa Malaysia ended easier yesterday after closing higher on a technical rebound on Wednesday, in line with Asian markets which sank again after Wall Street was hit by a further fall in oil prices, while the dollar edged up after tumbling against the yen. The benchmark FBMKLCI fell 20.95 points or 1.19% to 1,744.57, after opening 17.35 points lower at 1,748.17. Losers trounced gainers by 626 to 178, while 243 counters were unchanged. Total volume slipped to 1.2 billion units worth RM1.5 billion from 1.2 billion units worth RM1.6 billion on Wednesday. Read more >>

FBM KLCI - sign of bullish reversal

Stocks on Bursa Malaysia ended on a firm note yesterday on technical rebound. Among the stocks that gave the bourse a boost were AXIATA, which rose 30 sen to RM6.92, SIME DARBY, which increased 40 sen to RM9.60, and MAXIS which surged 26 sen to RM6.88. At close, the benchmark FBMKLCI rose 27.42 points or 1.58% to 1,765.52, after opening 5.34 points lower at 1,732.76. Gainers trounced losers by 502 to 281, while 300 counters were unchanged. Total volume slipped to 1.2 billion units worth RM1.6 billion from 1.4 billion units worth RM1.7 billion on Tuesday. Read more >>

FBM KLCI - bearish momentum reducing

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI closing 2.74 points or 0.16% lower at 1,738.10, on lack of buying interest in blue-chips, coupled with the declining global oil prices, weaker corporate earnings, slower economic growth, and the strengthening US dollar against the ringgit and major Asian currencies. The benchmark index moved within a range of 1,730.77 to 1,741.31. Losers trounced gainers by 647 to 216, while 239 counters were unchanged. Total volume increased to 1.4 billion units worth RM1.7 billion from 1.3 billion units worth RM1.5 billion on Monday. Read more >>

FBM KLCI - continued to slide lower

Stocks on Bursa Malaysia closed on an easier note yesterday on lack of buying interests in blue-chips and selected heavyweights. At close, the benchmark FBMKLCI stood at 1,740.84, down 8.53 points or 0.49%. Market breadth was negative with losers outpacing gainers by 540 to 258, while 293 counters were unchanged. Total volume slipped to 1.2 billion units worth RM1.5 billion from 1.4 billion units worth RM1.8 billion on last Friday. Read more >>

FBM KLCI - likely to further consolidate

Stocks on Bursa Malaysia ended on a higher note last Friday lifted by buying in blue-chips and selected heavyweights. The benchmark FBMKLCI rose 3.68 points or 0.21% to close at 1,749.37, after opening 3.28 points lower at 1,743.4 and moved between 1,740.56 and 1,755.94 throughout the day. Week-on-week, the FBMKLCI fell 71.52 points or 3.93% from 1,820.89 on previous Friday. Market breadth was positive with gainers trounced losers by 459 to 330, while 308 counters were unchanged. Total volume slipped to 1.4 billion units worth RM1.8 billion from 1.9 billion units worth RM2.3 billion on Thursday. Weekly turnover increased to 9.76 billion shares worth RM11.16 billion from 9.49 billion shares worth RM9.20 billion registered on previous week. Read more >>

FBM KLCI - lower on continued selling pressure

Stocks on Bursa Malaysia ended lower yesterday on continued profit-taking as investors feared that a downtrend in the local market was still present, as Monday’s selling which focused on oil and gas counters had shifted to banks on Wednesday, also to a more broad-based selling yesterday. At close, the FBMKLCI stood at 1,745.69, down 12.46 points or 0.71%, after opening 2.1 points higher at 1,760.25. The benchmark index moved between 1,743.62 and 1,768.81 throughout the day. Losers trounced gainers by 519 to 286, while 309 counters were unchanged. Total volume increased to 1.88 billion units worth RM2.25 billion from 1.56 billion units worth RM1.97 billion on Wednesday. Read more >>

FBM KLCI - lower on continued foreign selling

Stocks on Bursa Malaysia ended lower yesterday on persistent selling by foreign funds, and some selling were triggered by downgrades by certain research houses which gave ‘underperform’ ratings to selective counters. The sell-down was concentrated in the banking sector and selective oil and gas-linked stocks. The FBMKLCI fell 27.82 points or 1.56% to close at 1,758.15, after opening 2.18 points higher at 1,788.15. The benchmark index moved between 1,758.15 and 1,789.04 throughout the day. Losers led gainers by 678 to 197, while 250 counters were unchanged. Total volume slipped to 1.56 billion units worth RM1.97 billion from 2.16 billion units worth RM2.18 billion on Tuesday. Read more >>

FBM KLCI - higher on technical rebound

Stocks on Bursa Malaysia ended higher yesterday, rebounding from Monday’s steep decline amid bargain hunting for oversold counters including oil and gas related counters, banks and plantations as volatility was subdued. The FBMKLCI rose 7.7 points or 0.43% to close at 1,785.97, after opening 1.27 points higher at 1,779.54 and moved between 1,763.55 and 1,789.42 throughout the day. Market breadth was positive with gainers outpacing losers by 439 to 400 with 313 counters unchanged. Total volume slipped to 2.16 billion units worth RM2.18 billion from 2.76 billion units worth RM2.95 billion on Monday. Read more >>

FBM KLCI - bearish outlook

Stocks on Bursa Malaysia closed lower across the board yesterday dragged down by the weaker oil prices coupled with discouraging manufacturing data from China, and fund selling of Petronas related stocks and banks, making it one of the worst days for the stock market this year. At close, the FBMKLCI fell 42.62 points or 2.34% to end at 1,778.27, after hovering between 1,821.52 and 1,768.21 throughout the day. Market breadth was negative with losers outpacing gainers by 980 to 82 while 151 counters were unchanged. Total volume rose to 2.76 billion units worth RM2.95 billion from 1.87 billion units worth 1.99 billion on Friday. Read more >>

FBM KLCI - likely to further consolidate

Stocks on Bursa Malaysia ended broadly lower for the second consecutive day on last Friday, dragged down by oil and gas-related heavyweights. The weak performance of the local bourse was influenced by the Organization of Petroleum Exporting Countries (OPEC) meeting on Thursday, which decided not to cut production, and hence, causing further plunge in Brent crude to hover near a four-year low. The FBMKLCI lost 9.02 points or 0.49% to close at 1,820.89 after moving between 1,815.31 and 1,827.16 throughout the day. Week-on-week, the key index gained 11.76 points from 1,809.13 on previous Friday. Losers outpaced gainers by 609 to 241 with 292 counters unchanged. Total volume increased to 1.87 billion units worth RM1.99 billion from 1.55 billion units worth RM1.36 billion on Thursday. Weekly turnover increased to 9.49 billion shares worth RM9.20 billion from previous week’s 8.68 billion shares worth RM8.30 billion. Read more >>

FBM KLCI - lower on profit-taking

Stocks on Bursa Malaysia closed lower yesterday on profit-taking after three straight days of gains and taking the cue from regional markets amid the fall in oil prices. The FBMKLCI shed 12.26 points or 0.67% to close at 1,829.91, after hovering between 1,845.76 and 1,828.04 throughout the day. Market breadth was negative with losers outpacing gainers by 567 to 252 with 304 counters unchanged. Total volume fell to 1.55 billion units worth RM1.36 billion from 1.73 billion units worth RM1.47 billion on Wednesday. Read more >>

FBM KLCI - higher for third consecutive day

Stocks on Bursa Malaysia closed higher for the third consecutive day yesterday on follow-through buying in blue-chips and selected heavyweights. The market received a boost from the upward revision to the United States' economic growth rate in the July-September period to 3.9% from 3.5%. The FBMKLCI added 3.61 points or 0.20% to close at 1,842.17, after moving between 1,836.79 and 1,845.08 throughout the day. Losers outpaced gainers by 454 to 320 with 313 counters unchanged. Total volume fell to 1.73 billion units worth RM1.47 billion from 2.09 billion units worth RM2.46 billion on Tuesday. Read more >>

FBM KLCI - higher on follow through buying

Stocks on Bursa Malaysia closed mixed yesterday with the benchmark FBMKLCI ended on slightly firmer note, supported by buying interest in blue-chips, mostly oil- and gas-related. Oil and gas counters were in the limelight after the government planned to abolish the fuel subsidies beginning Dec 1. The FBMKLCI gained 4.79 points or 0.26% to close at 1,838.56, after moving between 1,830.48 and 1,843.55 throughout the day. Losers outpaced gainers by 476 to 308 with 305 counters unchanged. Total volume fell to 2.09 billion units worth RM2.46 billion from 2.24 billion units worth RM1.91 billion on Monday. Read more >>

FBM KLCI - rebounded strongly to close higher

Stocks on Bursa Malaysia closed higher yesterday on buying interest in blue-chips and heavyweights, in line with regional bourses as China’s decision to cut the lending rate had boosted the country’s economy and strengthened optimism in the global economy. The FBMKLCI rose by 24.64 points or 1.36% to close at 1,833.77, after hovering between 1,809.63 and 1,833.77 throughout the day. Market breadth was positive with gainers outpacing losers by 510 to 297 with 290 counters unchanged. Total volume increased to 2.24 billion units worth RM1.91 billion from 1.77 billion units worth RM1.66 billion on last Friday. Read more >>

FBM KLCI - likely to consolidate downward

Stocks on Bursa Malaysia closed lower last Friday dampened by selling in blue-chips and heavyweights, led by CIMB. The benchmark FBMKLCI managed to stay above 1,800 points despite the market being traded lower for the whole day on profit-taking ahead of the weekend. At close, the FBMKLCI declined 13.16 points or 0.72% to end at 1,809.13, after hovering between 1,817.56 and 1,808.13 throughout the day. Week-on-week, the key index fell 4.66 points or 0.26% from previous Friday’s 1,813.79. Losers outpaced gainers by 464 to 295 with 309 counters unchanged. Total volume decreased to 1.77 billion units worth RM1.66 billion from Thursday’s 1.64 billion units worth RM1.62 billion. Weekly turnover narrowed to 868.22 million shares worth RM8.30 billion from previous week’s 9.95 billion shares worth RM8.98 billion. Read more >>

FBM KLCI - lower on profit-taking

Stocks on Bursa Malaysia closed lower yesterday in line with regional markets following a weak economic data released in China. Most Asian stocks fell after the manufacturing purchasing managers’ index showed factory output in the world’s second-biggest economy contracted for the first time in 6 months. The FBMKLCI declined 2.1 points or 0.12% to close at 1,822.29, after hovering between 1,816.97 and 1,825.12 throughout the day. Market breadth was negative with losers outpacing gainers by 500 to 260 with 318 counters unchanged. Total volume decreased to 1.64 billion units worth RM1.62 billion from Wednesday’s 2.1 billion units worth RM1.92 billion. Read more >>

FBM KLCI - higher on follow through rebound

Stocks on Bursa Malaysia closed higher yesterday, helped by gains in selected heavyweights. The performance of the local bourse was in line with most of its South-East Asian peers. At close, the benchmark FBMKLCI rose 6.01 points or 0.33% to close at 1,824.39 points, after hovering between 1,818 points and 1,827.4 points throughout the day. Market breadth was positive with gainers outpacing losers by 438 to 357 while 309 counters were unchanged. Total volume increased to 2.1 billion units worth RM1.92 billion from the 1.76 billion units worth RM1.71 billion on Tuesday. Read more >>

FBM KLCI - higher on technical rebound

Stocks on Bursa Malaysia rebounded to close in positive territory yesterday, spurred by bargain hunting mostly in selected blue-chips and heavyweights. The FBMKLCI rose 11.9 points or 0.66% to close at 1,818.38, after fluctuating between 1,805.35 and 1,818.38 throughout the day. Advancers thumped decliners by 437 to 345, with 306 counters unchanged. Total volume increased to 1.76 billion units worth RM1.71 billion from 1.41 billion shares worth RM1.39 billion transacted on Monday. Read more >>

FBM KLCI - lower on continued weak sentiment

Stocks on Bursa Malaysia closed broadly lower yesterday, dragged down by losses in blue-chips and small-capitalised stocks, in line with weak market sentiment in other Asian markets, although there was strong demand for Chinese stocks as the Shanghai-Hong Kong Stock Connect makes its debut. The benchmark FBMKLCI settled at its intra-day low of 1,806.48, down 7.31 points or 0.04%, after trading as high as 1,814.58. Losers led gainers by 532 to 245, with 286 counters unchanged. Total volume decreased to 1.41 billion shares worth RM1.39 billion from 1.64 billion units worth RM1.6 billion on last Friday. Read more >>

FBM KLCI - likely to further consolidate

Stocks on Bursa Malaysia closed lower last Friday on selling by institutional funds, amid weakness on oil and gas-related counters. The benchmark FBMKLCI fell 2.02 points or 0.11% to close at 1,813.79 after hovering between 1,808.7 and 1,814.57 throughout the day. Week-on-week, the key index lost 10.4 points or 0.6% from previous Friday’s 1,824.19. Losers led gainers by 548 to 235, with 315 counters unchanged. Total volume decreased to 1.65 billion units worth RM1.6 billion from 1.69 billion shares worth RM1.72 billion on Thursday. Weekly turnover fell to 9.95 billion units worth RM8.98 billion compared with previous week’s 11.201 billion shares valued at RM10.532 billion. Read more >>

FBM KLCI - almost unchanged

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI ended almost flat after range-bound trade in line with regional stock markets. Southeast Asian stocks were range-bound but remained resilient after China posted softer than expected economic data. The FBMKLCI stood at 1,815.18, down 0.43 of a point or 0.02%, after hovering between 1,810.73 and 1,820.5 throughout the day. Losers led gainers by 553 to 245, with 309 counters unchanged. Total volume was flat at 1.69 billion shares worth RM1.72 billion from the 1.69 billion shares worth RM1.81 billion on Wednesday. Read more >>

FBM KLCI - lower on continued selling pressure

Stocks on Bursa Malaysia closed lower yesterday led by losses in Petronas Gas amid the lacklustre trading of index-linked counters as the local stock market failed to take cue from the firmer Asian markets after the overnight Wall Street closed at a record high. The FBMKLCI fell 8.87 points or 0.49% to close at 1,816.24 after hovering between 1,816.24 and 1,824.83 throughout the day. Losers outpaced gainers by 510 to 265, with 322 counters unchanged. Total volume decreased to 1.69 billion shares worth RM1.81 billion from 2.25 billion shares worth RM1.86 billion on Tuesday. Read more >>

FBM KLCI - lower on profit-taking

Stocks on Bursa Malaysia closed lower yesterday weighed by profit-taking in small caps and ACE Market amid losses in selected blue-chips. Bursa Malaysia's weak performance was also contributed by selling in British American Tobacco, the top loser for the day, which fell RM1.10 to RM67. At close, the benchmark FBMKLCI fell 2.82 points or 0.15% to 1,825.11, after hovering between 1,823.27 and 1,832.7 throughout the day. Losers thumped gainers by 625 to 241, with 267 counters unchanged. Total volume decreased to 2.25 billion shares worth RM1.86 billion from 2.66 billion shares worth RM1.97 billion on Monday. Read more >>

FBM KLCI - higher on technical rebound

Stocks on Bursa Malaysia closed higher yesterday as stronger regional stock markets on the back of favorable US jobs data which points to solid growth in the world’s largest economy helped drive the higher performance of Bursa Malaysia. Buying in small caps and Ace market also helped lift the local bourse to close higher and recoup some losses from last week. At close, the benchmark FBMKLCI gained 3.74 points or 0.3% to close at 1,827.93, after hovering between 1,824.05 and 1,831.82 throughout the day. Market breadth was negative with losers outpaced gainers by 482 to 348, while 299 counters were unchanged. Total volume increased to 2.66 billion shares worth RM1.97 billion from 2.52 billion shares worth RM1.95 billion on Friday. Read more >>

FBM KLCI - likely to consolidate

Stocks on Bursa Malaysia closed mixed last Friday with the benchmark FBMKLCI closing 7.79 points or 0.43% lower at 1,824.19, as profit-taking emerged in the second session. The key benchmark index traded within a 17.21-point range on Friday, hitting a high of 1,841.40 earlier in the first session and fell to its lowest at close. On a weekly basis, the FBMKLCI tumbled 30.96 points from previous Friday’s 1,855.15. Gainers outpaced losers by 409 to 392, with 320 counters unchanged. Total volume dwindled to 2.52 billion shares worth RM1.95 billion from 2.87 billion shares worth RM2.52 billion on Thursday. Weekly turnover soared to 11.20 billion shares, worth RM10.53 billion, from 10.51 billion shares, worth RM10.31 billion, recorded the previous week. Read more >>

FBM KLCI - lower for the fourth consecutive sessions

Stocks on Bursa Malaysia ended lower yesterday despite an upbeat overnight Wall Street, overall sentiment in Asia was cautious amid concerns over falling oil prices and uncertainty on the monetary easing plan in Europe. The benchmark FBMKLCI closed 7.31 points or 0.40% easier at 1,831.98, on continuous profit-taking activity in heavyweight stocks. Losers outpaced gainers by 436 to 364, with 328 counters unchanged. Total volume expanded to 2.87 billion shares worth RM2.52 billion from 2.26 billion shares worth RM2.02 billion yesterday. Read more >>

FBM KLCI - lower on continued correction

Stocks on Bursa Malaysia ended on an easier note yesterday, with the benchmark FBMKLCI closing 8.07 points or 0.44% lower at 1,839.29, dampened by profit-taking in index-linked heavyweights, after moving between 1,837.72 and 1,845.08 throughout the day. Decliners outpaced gainers by 576 to 251, with 288 counters unchanged. Total volume rose to 2.26 billion shares worth RM2.02 billion from 1.68 billion shares worth RM2.14 billion on Tuesday. Read more >>

FBM KLCI - lower on continued profit-taking

Stocks on Bursa Malaysia closed lower yesterday amid falling oil prices which weighed on trading sentiment in Asia. Oil prices continue to tumble to the lowest levels in more than two years, after top exporter Saudi Arabia reduced the cost of its oil to the United States market, in the face of soaring North American output. The benchmark FBMKLCI slid 5.98 points or 0.32% to close at 1,847.36 after moving between 1,845.52 and 1,852.06 throughout the day. Losers outpaced gainers by 438 to 378, with 308 counters unchanged. Total volume reduced to 1.68 billion shares worth RM2.14 billion from the 1.86 billion shares worth RM1.89 billion on Monday. Read more >>

FBM KLCI - lower on profit-taking

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI closing 1.81 points or 0.10% easier at 1,853.34, as profit-taking activity emerged among heavyweight stocks, as investors took profit after the local bourse’s bullish momentum during the whole of last week. Losers outpaced gainers by 449 to 422, with 288 counters remained unchanged. Total volume dwindled to 1.86 billion shares worth RM1.89 billion from 2.75 billion shares worth RM2.40 billion on last Friday. Read more >>

FBM KLCI - turned bullish

Stocks on Bursa Malaysia closed broadly higher last Friday, the last trading day for the choppy month of October, as upbeat sentiment from Wall Street’s overnight gains drove Bursa Malaysia to close higher, with all indices recording positive movement. The FBMKLCI ended 12.37 points or 0.67% higher at an intraday high of 1,855.15, after touching an intraday low of 1,842.17. On a weekly basis, the key index gained 36.29 points from previous Friday’s 1,818.86. Market breadth was very positive with gainers outpacing losers by 663 to 248, while 275 counters were unchanged. Total volume rose to 2.75 billion shares valued at RM2.4 billion from 1.87 billion shares valued at RM2.15 billion on Thursday. Weekly turnover soared to 10.51 billion shares worth RM10.31 billion from previous week’s 6.76 billion shares worth RM7.37 billion. Read more >>