Friday, September 14, 2012

FBM KLCI - bullish rebound

Stocks on Bursa Malaysia closed broadly higher yesterday on active buying after coming under selling pressure recently. The bourse was driven by steady gains, mostly in consumer and finance stocks. Almost all indices regained strength after recent losses except mining and FBM Ace. The FBM KLCI rose 14.62 points to close at 1,628.40 after opening  0.71 of a point lower at 1,613.07, it hovered between 1,612.62 and 1,628.57. Gainers led losers by 417 to 301 while 342 counters closed unchanged. Total turnover rose to 1.02 billion shares worth RM1.62 billion from Wednesday's 804.42 million shares worth RM1.602 billion. Read more

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