FBM KLCI - lower on late selling

Stocks on Bursa Malaysia closed mixed yesterday with the benchmark FBM KLCI reversing earlier gains on lack of buying momentum and late selling of DIGI and Sime Darby dragged the index into the red at the close. Key Asian markets fared worse than the FBM KLCI with losses ranging from 0.25% to 0.94%. The ringgit weakened to 3.7040 against the US dollar from the previous close of 3.6780. At close, the FBM KLCI settled at 1,789.73, down 2.01 points or 0.11% after fluctuating between 1,789.73 and 1,799.05 throughout the day. Gainers led losers by 457 to 350 with 338 counters unchanged. Total volume rose to 2.5 billion shares worth RM2.3 billion from 2.1 billion shares worth RM1.9 billion on Monday. Read more >>