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Thursday, October 11, 2012

FBM KLCI - lower on profit-taking

Stocks on Bursa Malaysia closed on a weaker note yesterday , dampened by profit-taking following Tuesday's gains. Asian stock markets were mostly lower due to concerns over the European debt crisis and signs of weaker global economy. Losses on the FBM KLCI, however, were limited by gains in selected blue-chips. The FBM KLCI lost 3.92 points or 0.24% to 1,659.4 after hovering in a narrow range of between 1,657.19 and 1,661.59 throughout the day. Losers beat gainers by 380 to 302, while 345 counters were unchanged. Turnover dropped to 912.5 million shares worth RM1.41 billion from 1.1 billion shares worth RM1.6 billion on Tuesday. ...Read more>>

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