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Wednesday, October 9, 2013

FBM KLCI - marginally higher amid consolidation mode

Stocks on Bursa Malaysia closed mixed yesterday with the benchmark index rebounded from its earlier losses to close marginally higher, lifted by late bargain hunting ending in positive territory supported by late buying interest. The local market was stable despite volatility on the external front, especially the continued uncertainty over the United States government shutdown. The FBM KLCI gained 0.68 of a point or 0.04% to close at 1,776.82 after fluctuating between 1,778.13 and 1,771.32 throughout the day. Gainers led losers by 365 to 332, with 337counters unchanged. Turnover fell to 1.513 billion shares worth RM1.487 billion from 1.622 billion shares worth RM1.232 billion on Monday. ...Read more>>

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