Tuesday, August 26, 2014

FBM KLCI - down on heavy profit-taking

Stocks on Bursa Malaysia closed lower yesterday on losses in selected blue-chips as the market took a breather on lack of domestic catalysts and uninspiring earnings season so far. The FBMKLCI declined 8.68 points or 0.46% to 1,862.31 after opening 1.93 points higher at 1,872.92 and moved between 1,859.58 and 1,873.66 points throughout the day. Losers thrashed gainers by 637 to 276 while 261 counters were unchanged. Total volume declined to 3.009 billion units worth RM1.97 billion from 3.314 billion units worth RM2.26 billion on Friday. Read more>>

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