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Thursday, August 2, 2012

FBM KLCI - marginally higher in range bound trade

Stocks on Bursa Malaysia were marginally higher at close yesterday, assisted by gains mostly seen in selected heavyweights, as investors remained on the sidelines as they awaited positive news from meetings of the US and European central banks later yesterday and today respectively, with regard to further possible stimulus measures. The FBM KLCI was 0.87 of a point higher at 1,632.47, after moving between 1,626.68 and 1,635.33, throughout the day. Gainers led losers by 383 to 375 while 336 counters closed unchanged. Total volume rose to 1.354 billion shares worth RM1.864 billion from Tuesday’s close of 1.175 billion shares valued at RM1.868 billion. Read more...

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