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Tuesday, March 19, 2013

FBM KLCI - MACD dead-cross

Stocks on Bursa Malaysia ended yesterday in a weak note, prompted by losses in selected blue-chips. The downtrend movement in the local market was dragged by foreign selling activities especially in blue-chips counters like TENAGA and Petronas Chemicals. The FBM KLCI shed 6.28 points or 0.39% to 1,621.36, after opening two points lower at 1,625.64, and hovered between 1,613.94 and 1,627.05 during the trading session. Decliners doubled advancers by 486 to 219, with 259 counters unchanged. Total volume dwindled to 776.94 million shares worth RM1.489 billion from last Friday’s 972.34 million shares valued at RM2.46 billion. ...Read more>>

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