Stocks on Bursa Malaysia closed lower yesterday amid profit taking and weaker sentiment in the regional markets. The weaker sentiment in the Asian market was brought on by a weak Spanish bond auction that inflamed concerns about the European debt crisis as well as concerns on the US economy. The benchmark FBM KLCI declined 5.83 points or 0.36% to 1,583.75, after opening 3.61 points lower at 1,595.66. Decliners beat advancers by 352 to 342 while 317 counters were unchanged. Turnover was lower at 1.14 billion shares worth RM1.22 billion from the 1.195 billion shares worth RM1.1 billion on Wednesday. 

Stocks on Bursa Malaysia closed mixed yesterday, on weaker buying momentum despite the positive sentiment on regional markets, as most Asian stocks rose yesterday, driven by the positive manufacturing data from the US and China. The benchmark FBM KLCI advanced 2.85 points or 0.18% to close at 1,606.63 after opening 3.35 points higher at 1,607.13. Decliners beat advancers by 379 to 354 while 344 counters were unchanged. Turnover was lower at 1.25 billion shares worth RM1.36 billion from the 1.44 billion shares worth RM1.4 billion on Monday. 

Stocks on Bursa Malaysia closed higher yesterday in line with a rally in the regional markets, and supported by gains in banking stocks. The benchmark FBM KLCI advanced 7.45 points or 0.47% to 1,603.78, surpassing the previous all-time high of 1,597.08. Advancers beat decliners by 400 to 353 while 324 counters were unchanged. Turnover was higher at 1.44 billion shares worth RM1.4 billion from 1.24 billion shares worth RM2.083 billion last Friday.

Stocks on Bursa Malaysia closed sharply higher last Friday on window-dressing activity, in line with the rally in regional markets fuelled by the ample liquidity injection from global central banks and accommodative monetary policy. The benchmark FBM KLCI advanced 10.89 points or 0.69% to 1,596.33, close to its all-time high of 1,597.08, and a week-on-week gain of 10.50 points from 1,585.83 previously. Advancers beat decliners by 402 to 360 while 334 counters were unchanged. Overall volume was thinner with 1.245 billion shares worth RM2.083 changed hands compared with 1.496 billion shares valued at RM1.398 billion on Thursday. Weekly turnover stood at 7.747 billion shares valued at RM7.784bil, against 12.395 billion units worth RM8.045bil which changed hands the prior week.