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Friday, October 4, 2013

FBM KLCI - marginally higher amid cautious trading

Stocks on Bursa Malaysia closed mixed yesterday in cautious trading on continued buying support in heavyweights despite uncertainties surrounding the US economic situation, and concerns over the length of the US government shutdown and the prospects of a debt-ceiling battle also weighed on investor sentiment. The benchmark FBM KLCI rose 1.02 points or 0.06% to 1,771.37 after hovering between 1,770.02 and 1,773.29 throughout the day. Decliners led advancers by 401 to 351, with 316 counters unchanged. Turnover fell to 1.84 billion shares worth RM1.29 billion from 1.9 billion shares worth RM1.59 billion on Wednesday. ...Read more>>

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