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Thursday, September 12, 2013

FBM KLCI - higher amid heavy profit-taking

Stocks on Bursa Malaysia closed firmer yesterday, as investors continue their buying support on the back of the country's better industrial production data, which was released earlier yesterday. The Statistics Department said Malaysia's Industrial Production Index (IPI) grew by 7.6 percent in July when compared with the same month a year ago, boosted by manufacturing, mining and electricity. The FBM KLCI rose 3.53 points or 0.20% to 1,768.48 after opening 4.75 points higher, and moved between 1,763.05 and 1,776.11. Gainers led losers by 402 to 384, with 289 counters unchanged. Turnover rose to 1.99 billion units worth RM2.227 billion from Tuesday's 1.811 billion shares worth RM2.402 billion. Read More>>

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