Tuesday, April 7, 2015
FBM KLCI - turning bullish
Stocks on Bursa Malaysia closed higher yesterday in line with most regional markets, supported by persistent foreign fund buying in the finance and consumer stocks as the ringgit staged a rebound against the US dollar. Most Asian markets rose yesterday on expectations of possible delay in the US interest increase due to unexpected weak non-farm payrolls report for March. The FBM KLCI rose 8.42 points or 0.46% to 1,842.94, after hovering between 1,837.51 and 1,844.83 throughout the day. Gainers outpaced losers by 395 to 377, while 342 counters were unchanged. Total volume was higher at 1.99 billion units worth RM1.67 billion from Friday’s 1.78 billion units worth RM1.28 billion. Read more >>

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