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Tuesday, January 21, 2014

FBM KLCI - lower on continued selling pressure

Stocks on Bursa Malaysia ended lower yesterday on lack of buying momentum, as the ringgit continued to fall amid concerns over the economic outlook of China this year and the tapering of the US Quantitative Easing. The FBMKLCI fell 5.42 points, or 0.30% to close at 1,807.59 after opening 4.76 points lower at 1,808.25, and hovered between 1,801.31 and 1,809.80. Losers thumped gainers by 541 to 278, while 305 counters were unchanged. Volume fell to 1.557 billion shares valued at RM1.732 billion from last Thursday’s 1.711 billion shares worth RM2.184 billion. ...Read more>>

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