Stocks on Bursa Malaysia ended broadly higher yesterday, trimming three days of consecutive losses, in tandem with the overnight recovery on Wall Street that was prompted by renewed hopes that European officials would take bold steps to resolve the debt crisis. The FBM KLCI gained 32.40 points or 2.43% to end at 1,364.20 after opening 7.55 points better at 1,339.35. Gainers outnumbered losers by 658 to 162 while 223 counters were unchanged. Turnover decreased to 908.81 million shares, worth RM1.59 billion, from 1.04 billion shares worth RM1.78 billion on Monday. 


Stocks on Bursa Malaysia ended sharply lower yesterday amid persistent selling of heavyweight stocks such as Maybank. Investors took the cue from Wall Street's plunge last week and the weak sentiment in regional markets, and continuing concerns over the global economy plagued markets in Asia. The FBM KLCI closed 34.14 points or 2.50% lower at 1,331.80 after opening 8.20 points easier at 1,357.74. It was the third worst performer among major indices in Asian markets after the Jakarta Composite Index and South Korea's Kospi. Losers outnumbered gainers by 842 to 84 while 143 counters were unchanged. Turnover increased to 1.046 billion shares worth RM1.782 billion from 948.313 million shares worth RM1.846 billion on Friday. 


Stocks on Bursa Malaysia ended broadly lower last Friday on persistent selling as investors continued to be wary of the gloomy global economy, amid continuing weaknesses on the global stock markets. The FBM KLCI failed to return to the 1,400 level, dragged down by losses mostly in key heavyweights like Maybank and MISC. The benchmark index, which opened 10.59 points lower at 1,377.22, ended the day 21.87 points or 1.58% lower to 1,365.94. On a week-on-week basis, it dropped 64.99 points or 4.54% from previous Thursday's closing of 1,430.93. The market was closed last Friday for Malaysia Day celebration. Losers outnumbered gainers by 624 to 187 while 230 counters were unchanged. Turnover increased to 948.313 million shares worth RM1.847 billion from Thursday's 874.105 million units valued at RM1.71 billion, and total weekly volume surged to 4.039 billion shares worth RM7.481 billion from 2.883 billion units valued at RM4.887 billion last Thursday. 


Stocks on Bursa Malaysia closed sharply lower yesterday on selling in heavyweights, which dragged the FBM KLCI below the 1,400-point level. The market remained unimpressed and was skeptical that further US Federal Reserve (Fed) action was of any help to revive the stalling US economy and labour market. The FBM KLCI failed to sustain Wednesday’s gain with the benchmark index down 31.23 points, or 2.20%, to close at the day’s low of 1,387.81. Decliners thumped advancers by 802 to 85 while 162 counters were unchanged. Total market volume rose to 874.105 million units valued at RM1.71 billion from 708.059 million units valued at RM1.156 billion on Wednesday. 


Stocks on Bursa Malaysia ended last Thursday’s trading on a weak note, as heavy selling in blue-chips dampens trading on Bursa Malaysia and pushed it to finish easier, ahead of the Malaysia Day holiday on Friday. The FBM KLCI dropped 6.68 points or 0.46% to 1,430.93 after opening 5.06 points higher at 1,442.67, and week-on-week, it lost 38.19 points, or 2.6% from 1,469.12 previously. Sime Darby, which fell 47 sen to RM8, was affected by the Securities Commission’s investigation into its acquisition of a 30 per cent stake in property developer Eastern & Oriental Bhd. Losers beat gainers by 393 to 291 while 296 counters were unchanged. Turnover decreased to 729.26 million shares worth RM1.53 billion from Wednesday’s 766.82 million shares worth RM1.31 billion. The holiday-shortened week saw total market volume decreasing to 2.88 billion shares valued at RM4.88 billion from 3.5 billion shares valued at RM6.29 billion previously.