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Friday, August 24, 2012

FBM KLCI - marginally lower on profit-taking

Stocks on Bursa Malaysia ended easier yesterday as key blue-chip counters struggled to find a footing, unlike the uptrend in the regional markets which were lifted on hopes of more monetary stimulus plan in the United States. The FBM KLCI closed 0.64 of a point easier at 1,651.61, after hovering between 1,650.53 and 1,655.24 throughout the day. Losers led gainers by 419 to 305 while 336 counters were unchanged. Turnover decreased to 1.192 billion shares worth RM1.303 billion from Wednesday’s 1.353 billion shares worth RM1.623 billion. Read more...

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