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Thursday, June 18, 2015

FBM KLCI - higher on technical rebound

Stocks on Bursa Malaysia closed higher yesterday, lifted by gains in selected finance heavyweight counters, in line with other Southeast Asian stock markets, which mostly gained on Wednesday, as investors awaits the Federal Reserve’s (Fed) view on interest rate later of the day. The FBM KLCI rose 4.62 points or 0.27% to 1,726.86 after moving between 1,721.23 and 1,728.6 throughout the day. Gainers led losers 405 to 342, with 323 counters unchanged. Total volume declined to 1.48 billion units worth RM1.74 billion from Tuesday’s 1.53 billion units worth RM1.53 billion. Read more >>

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