Stocks on Bursa Malaysia closed higher Tuesday on late buying interest. The local bourse ended in tandem with higher regional markets after encouraging comments by Greek Prime Minister Lucas Papademos that significant progress was made in talks with private sector creditors about his country’s debt woes. The FBM KLCI jumped 7.74 points to close at its intra-day high of 1,521.29 after opening 3.47 points higher at 1,517.02. Gainers beat losers by 415 to 394 while 353 counters were unchanged. Turnover dropped to 1.78 billion shares from 2.307 billion shares while the value rose to RM2.18 billion from RM1.841 billion registered on Monday. 


Stocks on Bursa Malaysia closed mixed yesterday in the absence of promising market leads locally and from abroad, with major US equity indices having closed mixed last Friday. The negative movement on the local bourse was in line with the weaker performance of Asian markets, after the US reported less-than-favourable economic growth data, which hurt investors’ sentiment. The FBM KLCI closed 7.35 points or 0.48% lower at 1,513.55, after opening 1.99 points lower at 1,518.91. Gainers led losers by 460 to 387 while 310 counters were unchanged. Total turnover rose to 2.307 billion shares worth RM1.841 billion from the 2.278 billion shares worth RM1.85 billion transacted last Friday. 

Stocks on Bursa Malaysia ended in the positive territory on continued buying interest for finance and plantation counters. Market sentiment was also in tandem with the bullish start on the European stock market buoyed by the US Federal Reserve’s announcement that it would likely keep interest rates low until 2014. The FBM KLCI ended 4.1 points or 0.27% higher at 1,523.86 after opening 0.91 point higher at 1,520.67. Gainers overwhelmed losers by 524 to 233 with 305 counters unchanged. A total of 1.96 billion shares, worth RM1.69 billion, were transacted compared with 1.34 billion shares, worth RM1.54 billion, registered on Wednesday. 

KLCI_20120120KLCI_20120120wkStocks on BURSA Malaysia closed higher last Friday on good buying momentum as investors found bargains in heavyweight counters despite some profit-taking ahead of the extended weekend. Sentiment was lifted by a bullish regional performance after overnight gains on Wall Street and solid demand for Spanish and French bonds. The market was closed on Monday and Tuesday for the Chinese New Year celebrations. The FBM KLCI rose 5.85 points or 0.39% to 1,522.66 after opening 1.33 points higher at 1,518.14. Week-on-week, the key index lost 0.41 point from previous Friday’s 1,523.07. Market breadth was positive with gainers led losers by 512 to 249. Turnover was lower with 1.65 billion shares worth RM1.49 billion changed hands compared with 1.94 billion shares worth RM1.62 billion on Thursday. Total weekly volume declined to 7.96 billion shares worth RM7.86 billion from 8.6 billion shares worth RM8.5 billion last week.


Stocks on Bursa Malaysia closed mixed yesterday on mild profit-taking ahead of the long Chinese New Year weekend. However, losses were limited amid investor interest in smaller cap stocks. The market was supported by improved risk appetite after the International Monetary Fund said it was planning a large expansion in its lending pool to safeguard the global economy against the worsening Euro-zone debt crisis. The FBM KLCI ended 0.57 point lower at 1,516.81 after opening 1.58 point lower at 1,515.80. Gainers led losers by 378 to 370 while 325 were unchanged. Turnover increased to 1.936 billion shares valued at RM1.618 billion as compared with Wednesday’s 1.490 billion shares worth RM1.599 billion.