KLCI_20120103

Bursa Malaysia started the New Year on a weak note yesterday, bucking the regional trend, as investors locked in profits from a rally on the last trading day of 2011. It was the only market in the Asia Pacific that slumped yesterday, with profit-taking in banking stocks steering the key FBM KLCI index 17.19 points, or 1.12%, lower to 1,513.14. The overall market was mixed, with many second and third liners making gains. Gainers led losers by 446 to 325 while 278 counters were flat. Turnover surged to 1.604 billion shares worth RM1.406 billion compared with last Friday’s 1.329 billion shares worth RM1.527 billion.

KLCI_20111230

Stocks on Bursa Malaysia ended the final week of 2011 on a strong note as investors look for year-end cheer. Late window-dressing in heavyweights helped lift the bourse to ensure the benchmark index ended the year above 1,500. Interests were confined to high-yielding stocks in the banking, plantation, technology and consumer sectors. The FBM KLCI closed at its best in nine months, with a gain of 24.04 points, or 1.60%, to 1,530.73. Week-on-week, the key index gained 34.58 points or 2.31% from previous Friday’s close of 1,496.15. Year-on year, the benchmark gained 11.82 points from 1,518.91 on 30 December 2010. Market breadth was positive with gainers leading losers by 468 to 327. Volume declined to 1.33 billion shares worth RM1.53 billion from 1.59 billion shares valued at RM1.16 billion registered on Thursday. 

 KLCI_20111229

Stocks on Bursa Malaysia closed higher yesterday on bargain hunting of discounted stocks ahead of the year-end, and the local bourse was further supported by selective window-dressing activities. The FBM KLCI rose 2.58 points or 0.17% to close at 1,506.69, after opening 4.06 points lower at 1,500.05. Market breadth was positive with gainers leading losers by 492 to 254 while 335 counters were unchanged. Volume increased to 1.59 billion shares, worth RM1.16 billion, from 1.27 billion shares, valued at RM904.21 million, registered on Wednesday. 

KLCI_20111227

Stocks on Bursa Malaysia closed on firm note yesterday on late buying interest from fund managers to adjust their portfolios ahead of the final trading week of 2011. The FBM KLCI was able to re-test its immediate resistance level of 1,500 on last-minute buying although moving range-bound earlier. The key index rose 4.76 points or 0.32% to close at 1,500.91, its best in four months, boosted by fund buying, especially in plantation counters. Gainers led losers by 378 to 341 while 289 counters were unchanged. Turnover was thin with 993.76 million shares worth RM743.83 million changed hands compared with 942.51 million shares valued at RM886.65 on last Friday.

KLCI_20111223

Stocks on Bursa Malaysia ended last Friday on a firmer note in quiet trading as regional markets started to wind down ahead of the festive holidays. Window-dressing activities dominated trading as investors sought quality stocks ahead of the year-end. The benchmark FBM KLCI rose by 4.69 points to close at 1,496.15, and week-on-week, the key index rose 29.93 points from previous Friday’s 1,466.22. On the broader market, gainers overwhelmed losers by 413 to 292 while 343 counters were unchanged. Some 942.51 million shares worth RM886.656 million changed hands compared with 1.204 billion shares worth RM1.017 billion on Thursday. Weekly volume dwindled to 7.046 billion shares worth RM4.996 billion from previous week’s 8.274 billion shares worth RM6.181 billion.