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Friday, September 27, 2013

FBM KLCI - lower in line with regional weakness

Stocks on Bursa Malaysia closed lower yesterday due to the extended sell-off in heavyweights. Sentiment in most regional market were subdued as the latest round of US debt ceiling battle raged on in the US. Regionally, Japan's Nikkei 225 was higher by 1.22% to 14,799.12, Hong Kong's Hang Seng eased 0.36% to 23,125.03 and China's Shanghai Composite lost 1.94% to 2,155.81. The benchmark FBM KLCI fell 9.9 points or 0.55% to end at its intra-day low of 1,774.16. Losers led gainers by 404 to 327, with 297 counters unchanged. Turnover fell to 2.14 billion shares, worth RM1.87 billion, from 2.21 billion shares, worth RM2.05 billion, recorded on Wednesday. ...Read more>>

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