Monday, December 8, 2014
FBM KLCI - likely to further consolidate
Stocks on Bursa Malaysia ended on a higher note last Friday lifted by buying in blue-chips and selected heavyweights. The benchmark FBMKLCI rose 3.68 points or 0.21% to close at 1,749.37, after opening 3.28 points lower at 1,743.4 and moved between 1,740.56 and 1,755.94 throughout the day. Week-on-week, the FBMKLCI fell 71.52 points or 3.93% from 1,820.89 on previous Friday. Market breadth was positive with gainers trounced losers by 459 to 330, while 308 counters were unchanged. Total volume slipped to 1.4 billion units worth RM1.8 billion from 1.9 billion units worth RM2.3 billion on Thursday. Weekly turnover increased to 9.76 billion shares worth RM11.16 billion from 9.49 billion shares worth RM9.20 billion registered on previous week. Read more >>


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