Stocks on Bursa Malaysia closed higher last Friday lifted by gains in selected heavyweights. The stronger performance staged by the local bourse was in line with its regional peers, prompted by signs that the US nonfarm payrolls report could put some global growth concerns to rest. The FBMKLCI finished the day 10.69 points or 0.59% better at 1,808.59 points, after hovering between 1,797.84 and 1,812.18 throughout the day. On a weekly basis, the FBMKLCI gained 4.56 points from previous Thursday’s 1,804.03. Market breadth was positive as gainers thumped losers by 542 to 256, while 324 counters were unchanged. Volume rose to 1.86 billion shares worth RM2.2 billion from 1.83 billion shares worth RM2.2 billion recorded on Thursday. Weekly turnover rose to 6.498 billion shares, worth RM8.034 billion from previous week’s 5.253 billion shares worth RM7.658 billion.
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