Stocks on Bursa Malaysia closed mixed yesterday with market lifted by strong buying in second and third liner counters despite profit taking on blue-chips. Regionally, losses were seen across Asian markets on China’s weaker economic data, and concerns over the US government’s finances. The FBMKLCI declined 5.56 points or 0.30% to 1,829.18 after hovering between 1,829.13 and 1,836.74 throughout the day. However, market breadth was positive with advancers led decliners by 538 to 262, while 271 counters unchanged. Volume rose to 1.96 billion shares worth RM1.84 billion from 1.31 billion shares valued at RM1.62 billion on Friday.
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