Monday, April 27, 2015

FBM KLCI - turning bullish


Stocks on Bursa Malaysia closed mixed last Friday with the benchmark FBM KLCI ended the week on a firm note, boosted by persistent-buying momentum in selected blue chips, led by banking and oil and gas stocks. The benchmark index was traded in positive territory throughout the day, supported by foreign fund buying, ringgit appreciation and improved global sentiment. At close, the FBM KLCI rose 16.5 points, or 0.89%, to 1,862.58 after fluctuating between 1,849.71 and 1,862.58 throughout the day. On weekly basis, the benchmark index rose 16.72 points from 1,845.86 on previous Friday. Losers led gainers by 445 to 393, with 341 counters unchanged. Total volume rose to 2.1 billion shares worth RM2.0 billion from 1.98 billion shares worth RM1.68 billion on Thursday. Weekly turnover grew to 12.99 billion units worth RM10.42 billion from 12.11 billion units worth RM11.27 billion last week. Read more >>

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