KLCI_20111104

Stocks on Bursa Malaysia ended higher last Friday, spurred by strong technical rebounds in regional markets. The market rebounded as sentiment was boosted by positive developments in Greece as Greek Prime Minister George Papandreou was prepared to drop a plan for a referendum on a European Union bailout package, upbeat job market data from US and our better-than-expected trade data. Malaysia's trade surplus stood at RM9.63 billion in September while total trade rose 4.9% to RM107.73 billion. The FBM KLCI rose 15.14 points, or 1.03%, to close at 1,477.51, after opening 8.48 points higher at 1,470.85, while on a weekly basis, the key index lost 4.31 points from previous week’s 1,481.82. Gainers led losers by 591 to 194 while 248 counters were flat. Turnover rose to 2.3 billion shares worth RM1.51 billion from 1.75 billion shares worth RM1.14 billion on Thursday. Total volume for the week increased to 8.15 billion shares valued at RM7.22 billion from 6.033 billion shares worth RM7.1 billion previously. Bursa Malaysia was closed yesterday for the celebration of Hari Raya Aidiladha holiday. 

KLCI_20111103

Stocks on Bursa Malaysia closed mostly lower yesterday on profit-taking, particularly on the 30 counters of the key index. Nonetheless, most of the selling pressures were well-absorbed by the market which has already expected a consolidation in line with regional peers. The FBM KLCI declined 8.58 points, or 0.6%, to close at 1,462.37 after opening 0.92 point higher at 1,471.87. Losers led gainers by 524 to 226 while 273 counters were unchanged. Turnover rose to 1.75 billion shares worth RM1.14 billion compared with 1.56 billion shares worth RM1.7 billion on Wednesday. 

KLCI_20111102

Stocks on Bursa Malaysia ended mixed yesterday as key heavyweights staged a rebound amid concerns on Greece's referendum plan that may threaten Europe's debt rescue plan. The market rebounded after Monday's sell-off, following the bounce in regional markets. The FBM KLCI declined 4.69 points, or 0.32%, to 1,470.95 after opening 7.84 points lower at 1,467.8. Gainers led losers by 374 to 363 while 285 counters were unchanged. A total of 1.56 billion shares valued at RM1.7 billion were traded compared with 1.19 billion shares worth RM1.29 billion on Tuesday. 

KLCI_20111031

Stocks on Bursa Malaysia ended higher yesterday with the appetite for risk remaining intact from last week amid the positive global sentiment. Buying interest from retails and local funds provided the impetus for the uptrend, with focus in heavyweights and low-liners such as rubber glove stocks. The FBM KLCI rose 10.07 points or 0.7% to 1,491.89 after opening 2.84 points higher at 1,484.66. Advancers led decliners by 426 to 318 while 282 counters were unchanged. Turnover was moderate with a volume of 1.33 billion shares valued at RM1.58 billion compared with 1.88 billion shares worth RM2.29 billion last Friday. 

KLCI_20111028

Stocks on Bursa Malaysia ended last Friday higher in tandem with steady gains on regional markets, prompted by progress in Europe's debt plan and better growth of the US gross domestic product (GDP) for the third quarter. Besides, the key index was lifted by the positive mood in Wall Street on Thursday, where the DJIA jumped 2.86 per cent and the broader S&P 500 surged 3.43 per cent. The FBM KLCI rose 10.89 points or 0.74% to end at 1,481.82 after opening 9.29 points higher at 1,480.22, and week-to-week, the key index advanced 42.99 points from previous Friday's closing of 1,438.83. Gainers led losers by 470 to 338 while 319 counters were flat. Turnover stood at 1.877 billion shares worth RM2.295 billion from Thursday’s 1.877 billion worth RM2.413 billion. While total weekly volume declined to 6.033 billion shares worth RM7.097 billion from 7.391 billion shares worth RM6.584 billion the previous week.