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Tuesday, March 18, 2014

FBM KLCI - higher on technical rebound

Stocks on Bursa Malaysia closed mixed yesterday as most investors remained on the sidelines following Wall Street's negative performance last week, and investors are also closely monitoring the deepening geopolitical tension between Russia and the West following developments in Ukraine. Nonetheless, the FBMKLCI rebounded with a gain of 10.04 points or 0.56% to 1,815.16 after hovering between 1,802.88 and 1,815.16 on buying interest in the plantation and consumer stocks. Losers outnumbered gainers by 436 to 300, while 336 counters were unchanged. Turnover stood at 1.27 billion shares worth RM1.52 billion from the 1.37 billion shares valued at RM2.08 billion on last Friday. ...Read more>>

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