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Tuesday, March 17, 2015

FBM KLCI - lower on last minute selling

Stocks on Bursa Malaysia closed lower yesterday and last-minute selling in selected blue-chips and small-capitalisation counters caused the benchmark FBM KLCI to close lower. The local bourse fell 10 minutes before trading ended as profit taking emerged to curb gains and ahead of the two-day U.S. Federal Open Market Committee meeting, which begins today. The FBM KLCI, which had hovered in the positive territory earlier, ended at 1,780.54, down 1.21 points or 0.07% after fluctuating between 1,774.30 and 1,787.29 throughout the day. Losers outpaced gainers by 504 to 294 with 303 counters unchanged. Total volume was slightly higher at 2.5 billion shares worth RM1.9 billion from 3 billion shares worth RM1.8 billion last Friday. Read more >>

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