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Wednesday, February 11, 2015

FBM KLCI - in consolidation

Stocks on Bursa Malaysia closed mixed yesterday with the FBM KLCI fell marginally reversing its earlier gains to close slightly lower on late selling, mostly in selected blue chips and the weakening of the ringgit, in line with Asian markets, after China's consumer inflation touched a five-year low in January, fuelling disinflation concerns. At close, the FBM KLCI fell 0.46 points or 0.03% to settle at 1,811.12 points after fluctuating between 1,808.69 and 1,816.62 throughout the day. Gainers outpaced losers by 434 to 373, while 324 counters were unchanged. Total turnover increased to 2.5 billion units valued at RM2.3 billion from 2.1 billion units valued at RM1.9 billion on Monday. Read more >>

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