FBM KLCI - lower on profit taking

Stocks on Bursa Malaysia closed broadly lower yesterday, reversing Tuesday’s gains as profit taking emerged mostly in key blue-chips and small-capitalised stocks, in tandem with the lack-lustre South-east Asian markets. At close, the benchmark FBM KLCI fell 8.03 points or 0.43% to 1,854.77 after fluctuating between 1,853.72 and 1,863.61 throughout the day. Losers overwhelmed gainers by 564 to 293 while 345 counters were unchanged. Total volume rose to 3.04 billion shares worth RM2.74 billion from 2.12 billion shares worth RM2.47 billion on Tuesday. Read more >>