Stocks on Bursa Malaysia ended lower yesterday on major sell down by foreign investors, fueled by the weakening ringgit which fell to a new 17-year low, in being quoted at 3.9005/9035 against the greenback at close yesterday. The FBM KLCI fell 30.92 points, or 1.79%, to 1,694.64, after fluctuating between 1,694.64 and 1,722.3 throughout the day. Decliners outnumbered gainers by 686 to 283 with 283 counters unchanged. Total volume rose to 1.65 billion units valued at RM2.02 billion from 1.22 billion units valued at RM1.39 billion on Wednesday.

Stocks on Bursa Malaysia ended marginally higher yesterday prompted by gains in small cap stocks. The rise was in-line with the positive quarterly results being reported by several companies, and, other regional bourses also broadly rose, in sync with China’s service sector data which climbed to an 11-month high. The FBM KLCI was 1.83 points or 0.11% better at 1,725.56, after fluctuating between 1,723.22 and 1,729.91 throughout the day. Losers led gainers by 388 to 383 with 334 counters unchanged. Total volume eased to 1.22 billion units valued at RM1.39 billion from 1.34 billion units valued at RM1.53 billion registered on Tuesday.

Stocks on Bursa Malaysia ended lower yesterday on profit taking, pressured by some of the same blue chips that lifted the index before the closing bell on Monday. The selling occurred throughout the trading session, prompted by a weaker ringgit and discouraging China stock market performance which led most regional markets to be on negative territory. The ringgit was quoted at 3.8520/8550 against the US dollar at the close yesterday. At close, the FBM KLCI fell 20.46 points, or 1.17%, to 1,723.73 after fluctuating between 1,722.91 and 1,730.81 throughout the day. Losers outnumbered gainers by 549 to 261 with 300 counters unchanged. Total volume rose to 1.34 billion units valued at RM1.53 billion from 1.32 billion units valued at RM1.25 billion on Monday.

Stocks on Bursa Malaysia ended sharply higher yesterday, boosted by strong gains in telco heavyweights on market talk on the introduction of fifth-generation wireless technology, and a last-minute buying of index-linked telco stocks pushed the benchmark index to close at the highest point of the day. Of the telco heavyweights, Axiata soared 48 sen to RM6.85, DiGi rose 10 sen to RM5.50, and Maxis climbed 53 sen to RM7.20. The FBM KLCI rose 21.05 points or 1.22% to close at 1,744.19, after fluctuating between 1,714.82 and 1,744.19 throughout the day. Losers led gainers by 465 to 324 with 333 counters unchanged. Total volume rose to 1.32 billion units valued at RM1.25 billion from 1.68 billion units valued at RM2.01 billion on last Friday.