Stocks on Bursa Malaysia closed lower yesterday, in line with weaknesses in regional markets which were spooked by stagnant US job data released last Friday and heightened investors' worry about the state of the world's largest economy. The prolonged Europe debt crisis, particularly in Greece, has affected sentiments in regional markets, and the pessimistic remarks by the World Bank that the global economy was stepping into a new danger zone also added pressure to the market. The FBM KLCI dropped 10.97 points or 0.74% to 1,463.12 after opening 4.32 points easier at 1,469.77. Losers thumped gainers by 526 to 210 while 235 counters were unchanged. A total of 640.321 million shares worth RM1.37 billion changed hands compared with 852.40 million shares worth RM2.315 billion last Friday. 


Stocks on Bursa Malaysia kicked off September on a positive note with the key FBM KLCI rising 1.85 per cent at the close of last Friday on bargain hunting, after the three days break due to Hari Raya and Merdeka Day celebrations, as investors played catch-up following positive gains by regional bourses. The benchmark FBM KLCI was 26.82 points or 1.85% higher at 1,474.09 after opening 13.39 points better at 1,460.66, lifted mostly by gains on selected heavyweights namely CIMB, IOI, Genting Malaysia and DiGi. Advancers thumped decliners by 505 to 238 while 240 counters were unchanged. Volume rose to 852.4 million shares worth RM2.14 billion from 447.13 million shares worth RM893.58 million on Monday. 


Stocks on Bursa Malaysia finished broadly lower yesterday in tandem with other regional markets, which also witnessed earlier gains wiped off in a knee-jerk reaction after Moody's cut Japan's credit rating. The market fell abruptly as investors realised that the downgrade will have a negative effect on the rest of Asia. The FBM KLCI dipped 13.22 points, or 0.89%, to 1,469.15, way off the day's high of 1,487.27, which was spurred by overnight gains on Wall Street on speculation of a stimulus plan to boost the US' faltering growth. Decliners outnumbered advancers by 528 to 209 while 924 counters were unchanged. A total of 892.35 million shares worth RM1.86 billion were traded yesterday, up from 875.52 million shares valued at RM1.76 billion traded on Tuesday. 


Stocks on Bursa Malaysia ended firmer yesterday on bargain-hunting activities, with sentiments largely lifted by better-than-expected manufacturing activity data from China, which averted fears of a hard landing of the world's second largest economy. The outlook remained volatile given the persistent worries over a global recession and ongoing Euro-zone jitters. The FBM KLCI rose 10.21 points or 0.69% to 1,482.37, after touching an intra-morning low of 1,469.66. Advancers outnumbered decliners by 488 to 274 while 256 counters were unchanged. A total of 875.521 million shares worth RM1.762 billion were traded, up from 853.772 million shares valued at RM1.672 billion traded on Monday. 


Stocks on Bursa Malaysia closed broadly lower yesterday with losses led by key index-linked counters, such as PCHEM and CIMB, as investors remained jittery on the outlook. The FBM KLCI dropped 11.82 points, or 0.79%, to 1,472.16, after opening 6.65 points lower at 1,477.33. Losers outstripped gainers by 580 to 207 with 253 counters unchanged. A total of 853.772 million shares worth RM1.672 billion were traded, down from 958.9 million shares valued at RM2.19 billion traded last Friday.