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Tuesday, April 8, 2014

FBM KLCI - higher on last minute buying support

Stocks on Bursa Malaysia closed mixed yesterday with lower-liners down on profit-taking while blue-chips were higher on follow-through buying support. The FBMKLCI rose 6.29 points or 0.34% to close at 1,862.9, its highest level so far this year, after hitting an intra-day low of 1,853.44. However, market breadth was negative, with losers outnumbering gainers by 452 to 372, while 298 counters were unchanged. Turnover rose to 2.12 billion shares valued at RM2.27 billion, from last Friday’s 2.06 billion shares valued at RM2.83 billion. Read more>>

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