Stocks on Bursa Malaysia closed higher last Friday on institutional investors' half-yearly book closing activities, and in line with the regional markets as positive spill-over from US strength continued to fuel bullish sentiment in the market. Regional stocks rose as US Federal Reserve officials hinted at keeping easy-money policies in place until the economy is back on its feet. The FBM KLCI chalked up 21.97 points, or 1.25%, to close at 1,773.54, after moving between 1,754.46 and 1,773.54 throughout the trading session. On a weekly basis, the benchmark index gained 17.69 points from previous Friday's 1,755.85. Gainers doubled losers by 508 to 253, with 306 counters unchanged. Total volume rose to 1.48 billion shares worth RM2.73 billion from yesterday's 1.32 billion shares worth RM2.19 billion. Weekly turnover slipped to 7.521 billion shares, worth RM12.38 billion compared with previous week's 8.724 billion shares, worth RM11.063 billion.
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