Stocks on Bursa Malaysia ended higher yesterday, lifted by gains in heavyweights, but late selling of KLK restrained its gains.  The optimism which fuelled the market was a spillover effect from regional bourses, with China stocks nearing a seven-year high on hopes for more infrastructure spending and policy stimulus. The benchmark FBM KLCI rose 8.46 points or 0.47% to close at 1,821.83 points, after hovering between 1,815.02 and 1,825.76 throughout the day. Gainers edged losers 400 to 383 with 340 counters unchanged. Total volume fell to 1.92 billion units worth RM1.7 billion from Friday’s 1.64 billion units worth RM1.82 billion.

Stocks on Bursa Malaysia ended lower last Friday as traders trimmed their positions ahead of the weekend amid cautious external environment. Traders remained cautious on the development in the Middle East which was disrupting the oil routes. The FBM KLCI closed 5.05 points or 0.28% lower at 1,813.37, after moving between 1,813.30 and 1,818.31 throughout the day. On a Friday-to-Friday basis, the FBM KLCI gained 9.72 points or 0.54% from 1,803.65 on previous Friday. Losers edged gainers by 391 to 354 with 362 counters unchanged. Total volume fell to 1.64 billion units worth RM1.82 billion from 2.43 billion units worth RM1.95 billion on Thursday. Weekly turnover decreased to 10.21 billion units worth RM9.5 billion from 10.37 billion units worth RM10.59 billion on previous week.

Stocks on Bursa Malaysia ended almost flat yesterday after range-bound trade as sentiment was dampened by weakness in regional markets. Regional bourses were mostly down as traders turned cautious following escalating tensions in the Middle East and losses on Wall Street. The FBM KLCI closed 0.68 point or 0.04% lower at 1,818.42, after moving between 1,815.41 and 1,820.52 throughout the day. Gainers edged losers 426 to 397 with 343 counters unchanged. Total volume rose to 2.43 billion units worth RM1.95 billion from 2.03 billion units worth RM2.12 billion on Wednesday.

Stocks on Bursa Malaysia closed higher yesterday on bargain hunting in selected finance heavyweights. Window dressing activities in selected index-linked counters, especially finance, helped lift the FBM KLCI but further upside was capped by cautious sentiment amid weak regional stock markets, as Asian stocks took a breather following declines on Wall Street after a rise in US inflation. The FBM KLCI closed 5.06 points or 0.28% higher at 1,819.1, after moving between 1,812.18 and 1,823.19 throughout the day. Gainers led losers by 449 to 391 with 298 counters unchanged. Total volume rose to 2.03 billion units worth RM2.12 billion from 1.94 billion shares worth RM1.83 billion on Tuesday.