FBM KLCI - higher on follow through buying

Stocks on Bursa Malaysia closed higher yesterday on continuous follow-through buying in selected heavyweights and blue-chips, pushing the benchmark index to close at its highest level of the day, helped by gains mostly seen in Maybank, Genting Malaysia and Genting. The FBM KLCI gained 6.6 points or 0.40% to 1,642.52 after opening 0.25 of a point lower at 1,635.67 and recorded an intra-day low of 1,635.59. Losers led gainers by 379 to 332 while 348 counters closed unchanged. Total turnover dropped to 884.651 million shares worth RM1.348 billion compared to yesterday’s closing of 1.232 billion shares worth RM1.756 billion. Read more...