Tuesday, April 21, 2015
FBM KLCI - higher on last minute rebound
Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBM KLCI reversing its earlier losses on mild buying interest in selected finance and plantation counters. Late buying of heavyweight Sime Darby pushed the FBM KLCI into the positive zone at the close while nearly all the key Asian markets were in the red, dampened by China’s central bank’s move to reduce its reserve requirement, the second industry-wide cut in two months. At close, the FBM KLCI settled at 1,848.66, up 2.80 points or 0.15%, after fluctuating between 1,841.10 and 1,848.97. Losers overwhelmed gainers by 485 to 346, with 313 counters unchanged. Total volume stood at 3.13 billion shares worth RM2.14 billion, up from Friday’s 2.58 billion shares worth RM2.28 billion. Read more >>

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