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Friday, September 13, 2013

FBM KLCI - sign of top distribution

Stocks on Bursa Malaysia closed higher yesterday as investors across the region continue to increase their holdings on the back of improved market sentiments. Across the region, most of the Asian bourses were higher, with Hong Kong's Hang Seng gaining 16.58 points to 22,953.72, and Singapore's Straits Times rose 12.89 points to 3,121.08, while Japan's Nikkei 225 lost 37.80 points to 14,387.27. The FBM KLCI gained 3.92 points or 0.22% to close at 1,772.4, after opening 9.28 points higher at 1,777.76. The key index hovered between 1,779.40 and 1,769.75 throughout the day. Advancers thumped decliners by 417 to 292, with 326 counters unchanged. Turnover eased to 1.458 billion shares worth RM1.753 billion from Wednesday's 1.99 billion units worth RM2.227 billion. ...Read more>>

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