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Wednesday, June 12, 2013

FBM KLCI - pulled back on weak sentiment

Stocks on Bursa Malaysia closed broadly lower yesterday due to the weaker regional sentiment as the sharp decline in Japan's Nikkei 225, attributed to the still unclear situation about the US quantitative easing programme, dragged down regional markets. The FBM KLCI, which retreated right after the lunch break, fell 8.23 points or 0.46% to 1,779.57 after hovering between 1,779.57 and 1,792.19 throughout the day. Market breadth was negative with losers thumped gainers by 598 to 255, while 282 were unchanged. Volume slipped to 2.233 billion units valued at RM2.556 billion from Monday's 2.417 billion units worth RM2.532 billion. ...Read more>>

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