Stocks on Bursa Malaysia closed sharply higher last Friday, prompted by firmer regional markets. The benchmark FBM KLCI rose by 10.33 points or 0.66% to close at 1,583.78, and on a weekly basis, it gained 25.01 points from the previous Friday’s close of 1,558.77. Advancers led losers by 540 to 276 while 330 counters were unchanged. Turnover rose to 1.63 billion shares worth RM1.93 billion from 1.62 billion shares worth RM2.02 billion on Thursday. Weekly volume decreased to 8.560 billion shares worth RM9.87 billion from 9.635 billion shares worth RM9.345 billion the previous week.

Stocks on Bursa Malaysia closed on a mixed note yesterday in cautious trading in line with regional markets, weighed by a higher yen and weak China’s manufacturing data. News that Federal Reserve chairman Ben Bernanke had no plans to further ease monetary policy to stimulate the US economy also dampened sentiment. The FBM KLCI rose by 3.80 points or 0.24% to close at 1,573.45, helped by gains in heavyweights. Losers led gainers by 506 to 309 while 302 counters were unchanged. Turnover fell to 1.62 billion shares worth RM2.02 billion from Wednesday’s 1.94 billion shares worth RM2.69 billion. 

Stocks on Bursa Malaysia closed sharply higher yesterday with the benchmark FBM KLCI surging 12.92 points to 1,569.65, the highest level since July 18 last year. The market rebounded from Tuesday’s losses amid advances in regional bourses as financing from the European Central Bank to avert a credit crunch in the Euro zone bolstered investors’ confidence. Gainers led losers by 535 to 297 while 300 counters were unchanged. Turnover was higher at 1.94 billion shares worth RM2.69 billion from 1.7 billion shares worth RM1.6 billion on Tuesday.

Stocks on Bursa Malaysia closed mostly lower yesterday, weighed by losses in heavyweights, with sentiment remaining cautious over high oil prices, and questions remained as to whether the European Central Bank’s second liquidity injection could resolve the Eurozone debt crisis. The FBM KLCI ended 2.31 points lower at 1,556.73, after opening 3.09 points higher at 1,562.13. Losers led gainers by 511 to 309 while 309 counters were unchanged. Turnover was higher at 1.727 billion shares worth RM1.588 billion, from 1.642 billion shares, worth RM1.633 billion transacted on Monday.