FBM KLCI - 20150709Stocks on Bursa Malaysia rebounded to close higher yesterday after opening lower, driven by domestic buying for selected heavyweights, especially in the finance and telecommunication sectors. The benchmark FBM KLCI finished at 1,701.54, up 5.71 points, or 0.34%, after moving between 1,685.03 and 1,704.88 throughout the day. Gainers beat losers by 557 to 271, while 287 counters were unchanged. Total volume fell to 1.82 billion units valued at RM1.83 billion from 1.99 billion units valued at RM2.25 billion on Wednesday.

FBM KLCI - 20150708Stocks on Bursa Malaysia closed lower yesterday on continued foreign fund selling on political concerns amid weaker crude oil prices, market sentiment also dampened by the fallout from the panic in the China stock market where the key indices fell up to 6.75% and spilled over to Hong Kong. The FBM KLCI was down 16.47 points or 0.96% to 1,695.83, after moving between 1,693.35 and 1,706.7 throughout the day. Losers thumped gainers by 827 to 117 with 215 counters unchanged. Total volume rose to 1.99 billion units valued at RM2.25 billion from yesterday’s 1.69 billion units valued at RM1.72 billion.

FBM KLCI - 20150707Stocks on Bursa Malaysia closed lower yesterday for a second day after Monday’s selloff, in tandem with regional peers, triggering talks of an overdone selloff in risk assets after Greece’s rejection of austerity. The FBM KLCI ended yesterday at 1,712.3, down 4.75 points, or 0.28%, after moving between 1,708.64 and 1,718.03 throughout the day. Losers thumped gainers by 465 to 315 with 300 counters unchanged. Total volume rose to 1.69 billion units valued at RM1.72 billion from 1.54 billion units valued at RM1.41 billion on Monday.

FBM KLCI - 20150706Stocks on Bursa Malaysia ended lower yesterday in tandem with regional peers after Greeks voted not to accept bailout conditions set by creditors. Ringgit Malaysia also fell to a 16 year low of 3.8056 against the US dollar, the weakest in 16 years. The Ringgit was pegged at 3.80 to a US dollar in 1998 during the Asian Financial Crisis and was unpegged in July 2005. The FBM KLCI was down 17.19 points, or 0.99%, to 1,717.05, after moving between 1,706.60 and 1,728.43 throughout the day. Losers thumped gainers by 646 to 158 with 249 counters unchanged. Total volume rose to 1.54 billion units valued at RM1.41 billion from 1.45 billion units worth RM1.39 billion on Friday.

FBM KLCI - 20150703wkStocks on Bursa Malaysia closed broadly lower last Friday with last-minute buying on selected blue-chips which pushed the benchmark index into the positive territory at close. Market sentiments were cautious as the recent sharp gain was just a temporary relief, as two other major catalysts were still keeping investors jittery and on the sidelines, namely Greece’s exit from the Eurozone and the three-day US FOMC meeting beginning today, July 6, which may decide on raising interest rates. At close, the FBM KLCI finished at 1,734.24, up 0.36 point, or 0.02%, after moving between 1,724.50 and 1,738.09 throughout the day. On a weekly basis, the key index gained 23.77 points from 1,710.47 previously. Losers thumped gainers by 459 to 259, while 298 counters were unchanged. Total volume eased to 1.45 billion units worth RM1.39 billion from Thursday’s 1.46 billion units valued at RM1.85 billion. Weekly turnover rose to 8.27 billion units worth RM9.37 billion from 7.35 billion units worth RM8.19 billion previously.