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Thursday, February 6, 2014

FBM KLCI - higher on technical rebound

Stocks on Bursa Malaysia finished on a firm note yesterday, with the FBMKLCI bouncing back from Tuesday’s losses to close 7.05 points or 0.4% higher at 1,785.88. The benchmark index, spurred by bargain hunting, fluctuated between 1,782.82 and 1,786.58 throughout the day, with gains mostly recorded in finance and index-linked counters. Market breadth was positive as gainers trounced losers by 443 to 301, while 276 counters were unchanged. Volume rose to 1.55 billion shares valued at RM1.63 billion, from 1.26 billion shares worth RM2.00 billion traded on Tuesday. ...Read more>>

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