FBM KLCI - higher on follow through buying

Stocks on Bursa Malaysia closed firmer yesterday buoyed by optimism over a possible Eurozone resolution to the Greece debt and crude oil price hike. The FBM KLCI closed almost eight points higher, underpinned by fund buying of CIMB and TENAGA while plantations advanced on firmer crude palm oil (CPO) prices. At close, the FBM KLCI was up 7.94 points or 0.44% at 1,808.89, after hovering between 1,800.24 and 1,809.71 throughout the day. Advancers outnumbered decliners by 452 to 352, while 323 counters were unchanged. Total turnover expanded to 2.06 billion units valued at RM2.12 billion from the 1.96 billion units valued at RM2.33 billion transacted on Friday. Read more >>