Tuesday, September 30, 2014

FBM KLCI - higher on technical rebound

Stocks on Bursa Malaysia closed mixed yesterday, bolstered by finance-linked counters with Hong Leong Financial gaining 38 Sen to RM17.76, and bargain hunting also lifted the market, which has been on five straight weeks of correction. The FBMKLCI finished 5.84 points or 0.32% higher at 1,846.34, after opening better at 1,841.05 and hovered between 1,839.2 and 1,846.75 throughout the day. Market breadth was negative as losers outpaced gainers by 436 to 371, while 352 counters were unchanged. Total volume rose to 2.6 billion shares valued at RM1.88 billion from 2.49 billion shares worth RM1.79 billion last Friday. Read more >>

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