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Thursday, February 13, 2014

FBM KLCI - sign of weakening momentum

Stocks on Bursa Malaysia closed higher yesterday with the benchmark FBMKLCI closed slightly higher on late buying interest in plantation stocks. The FBMKLCI rose by 1.47 points or 0.08% to close at 1,825.64 points after moving between 1,821.75 and 1,826.73 throughout the day. Market breadth was positive as gainers thumped losers by 421 to 398, while 320 counters were unchanged. Volume declined to 2.47 billion shares worth RM2 billion from 2.71 billion shares worth RM2.34 billion on Tuesday. ...Read more>>

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