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Thursday, July 30, 2015

FBM KLCI - in consolidation

Stocks on Bursa Malaysia ended slightly lower yesterday in lacklustre trading amid the absence of clear market drivers and as foreign funds continued to reduce their shareholdings in Malaysian equities. The market was trading sideways throughout the day, dampened by resurgence in concerns over weak global and China’s economic growth. The FBM KLCI slipped 0.71 point or 0.04% to 1,698.98, after fluctuating between 1,696.72 and 1,702.36 throughout the day. Gainers beat losers by 444 to 371 with 313 counters unchanged. Total volume fell to 1.36 billion units valued at RM1.73 billion from 2.14 billion units valued at RM2.25 billion on Tuesday. Read more >>

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