Stocks on Bursa Malaysia closed in the red yesterday, amid mounting fears that Greece could soon default, and there were signs that foreign funds were leaving the Asian region, forcing investors to aggressively sell to avoid losses. Persistent selling in heavyweights and big-cap stocks weighed down the key index, with the benchmark FBM KLCI dropped 10.39 points or 0.72% to 1,437.61 after opening 5.04 points higher at 1,453.04. Losers beat gainers by 583 to 163 while 280 counters were unchanged. Turnover increased to 766.82 million shares worth RM1.31 billion from Tuesday’s 727.19 million shares worth RM876.45 million. 


Stocks on Bursa Malaysia extended the downtrend from last Friday to finish on a weak note yesterday in line with its regional peers, as market players were cautious over the unresolved European debt crisis. The FBM KLCI ended 22.86 points or 1.56% lower at 1,446.26 after opening 4.33 points down at 1,469.12. Losers outnumbered gainers by 597 to 120 while 197 counters were flat. Turnover fell to 659.784 million shares worth RM1.17 billion from 739.612 million shares worth RM977.252 billion last Friday. 


Stocks on Bursa Malaysia ended mixed last Friday following a choppy trade amid see-saw movements in Asian stocks as investors weighed on China's easing inflation. Markets fell globally as US President Barack Obama's job stimulus packages plan failed to spark a rally in the US, and with US Federal Reserve Chief Ben Bernanke not providing any details on the new measures to support the economy, traders continued to worry on the global economic outlook. However, Malaysian market still looked attractive following Bank Negara Malaysia's decision to retain the overnight policy rate at 3 per cent. The FBM KLCI which opened 3.1 points steadier at 1,472.93, went down 0.71 of a point to 1,469.12, and on a Friday-to-Friday basis, it declined 4.97 points from 1,474.09 recorded the previous Friday. Gainers thumped losers by 343 to 297 while 282 counters were unchanged. A total of 739.612 million shares, worth RM977.252 million, changed hands compared with 812.87 million shares, worth RM1.143 billion on Thursday. Weekly volume increased to 3.5 billion shares, valued at RM6.29 billion, from previous week’s 1.3 billion shares, valued at RM3.03 billion.


Stocks on Bursa Malaysia ended higher yesterday boosted by gains in selected heavyweights and improved risk appetite following the Prime Minister’s seventh update of the Economic Transformation Programme. The positive movement of share prices was also prompted by a positive set of export data recorded for July. However, investors were still cautious about the global outlook and awaited positive news to serve as catalyst. The benchmark FBM KLCI, which went through a see-saw movement in early trade, bounced back at midday and finished 5.22 points or 0.36% better at 1,469.83. Gainers thumped losers by 415 to 265 while 284 counters were unchanged. A total of 812.87 million shares worth RM1.143 billion changed hands compared with 650.39 million shares worth RM1.253 billion yesterday.


Stocks on Bursa Malaysia staged a rebound on bargain hunting yesterday after two consecutive days of losses, in line with the rebound in most regional bourses even though Wall Street fall last night. The upbeat sentiment regionally was supported by a positive signal for the third round of quantitative easing. The FBM KLCI closed 10.24 points or 0.7% higher at 1,464.61 after opening 3.68 points steadier at 1,458.05. Gainers thumped losers by 439 to 240 while 251 counters were unchanged. A total of 650.39 million shares worth RM1.253 billion changed hands compared with 706.7 million shares worth RM1.517 billion on Tuesday.