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Friday, July 4, 2014

FBM KLCI - higher on continued buying momentum

Stocks on Bursa Malaysia closed higher yesterday, supported mainly by gains on financial, energy and plantation stocks on renewed buying interest and positive domestic sentiment ahead of the US job market figures to be released at latter part of the day. The FBMKLCI ended 1.85 points or 0.1% higher at 1,888.69 after moving between 1,884.77 and 1,891.1 throughout the day. Market breadth was positive as advancers outpaced decliners by 440 to 377, with 347 counters unchanged. Total volume fell to 1.791 billion units worth RM 2.237 billion from Wednesday’s 1.878 billion shares worth RM2.047 billion. Read more>>

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