Stocks on Bursa Malaysia closed on easier note yesterday on lack of follow-through buying amid selling on selected heavyweights. The local bourse failed to take cue from the stronger regional markets as traders booked profits from last week’s gains. The benchmark FBM KLCI closed 7.8 points or 0.43% lower at 1,795.85 after moving between 1,795.85 and 1,811.08 throughout the day. Losers outpaced gainers by 436 to 374 with 311 counters unchanged. Total volume increased to 2.13 billion shares worth RM1.77 billion from 2.12 billion shares worth RM3.14 billion on Friday.

Stocks on Bursa Malaysia ended lower last Friday in sync with most Asian bourses, taking cue from the fall on Wall Street overnight. The FBM KLCI closed 5.48 points or 0.3% lower at 1,803.65 after moving in a broad range of between 1,798.74 and 1,806.90 throughout the day. On a weekly basis, the FBM KLCI advanced 21.9 points or 1.6% from 1,781.75 on previous Friday. Losers thumped gainers by 471 to 325 with 314 counters unchanged. Total volume decreased to 2.12 billion shares worth RM3.14 billion from 2.21 billion shares worth RM1.84 billion on Thursday. Weekly turnover decreased to 10.37 billion units worth RM10.59 billion from previous week’s 13.09 billion units worth RM10.43 billion.

Stocks on Bursa Malaysia and most of its regional peers remained steady at yesterday’s close, underpinned by a strong rebound on Wall Street overnight as the US stock market welcomes the dovish statement from the Federal Reserve that it is not ready to raise interest rates anytime soon. The FBM KLCI ended 11.56 points or 0.64% higher at 1,809.13 after moving on a broad range between 1,798.03 and 1,815.71 throughout the day. Gainers thumped losers by 476 to 336 with 327 counters unchanged. Total volume increased to 2.21 billion shares worth RM1.84 billion from 2.13 billion shares worth RM1.87 on Wednesday.

Stocks on Bursa Malaysia finished on a firm note yesterday on strong trading in selected heavyweights and blue-chips but the broader market showed signs of weakness. The local market and its regional peers were cautious ahead of the US Federal Reserve’s decision on interest rate. At close, the FBM KLCI ended 9.7 points or 0.54% better at 1,797.57, after moving between 1,787.77 and 1,800.83 throughout the day. Losers outnumbered gainers by 533 to 303 with 288 counters unchanged. Total volume decreased to 2.13 billion shares worth RM1.87 from 2.49 billion shares worth RM1.84 billion on Tuesday.