Stocks on Bursa Malaysia closed lower across the board last Friday on persistent selling pressure in tandem with weak regional markets, following the plunge on Wall Street overnight amid growing concerns that the global economic recovery is faltering and the European debt debacle may degenerate into a major crisis. The FBM KLCI ended 19.32 points, or 1.29%, lower at 1,483.98. Week-on-week, the benchmark index gained 0.31 of a point from 1,483.67 previously. Losers overwhelmed gainers by 677 to 127 while 231 counters were unchanged. Volume rose to 958.9 million shares valued at RM2.19 billion from 850.55 million shares valued at RM1.71 billion on Thursday, while total weekly volume decreased to 5.067 billion units worth RM8.921 billion from 7.776 billion units valued at RM14.682 billion previously. 


Stocks on Bursa Malaysia ended mixed in thin trade yesterday with profit-taking and bargain-hunting emerging after previous gains and sell-offs. A weak regional market following negative performance overnight on Wall Street weighed on investors sentiment as the meeting between German chancellor Angela Merkel and French president Nicolas Sarkozy was unable to restore confidence in the Euro zone. The FBM KLCI rose 0.23 of a point or 0.01% to 1,503.3. Losers overwhelmed gainers by 445 to 265 while 308 counters closed unchanged. Volume declined to 850.55 million shares worth RM1.71 billion compared with 892.81 million shares valued at RM1.6 billion on Wednesday. 


Stocks on Bursa Malaysia ended higher yesterday on bargain hunting in line with the regional bourses which bounced back amid Wall Street’s recovery last Friday. Gains in construction companies, short listed for the Klang Valley Mass Rapid Transit (MRT) project, further lent a hand for the positive domestic sentiment. The FBM KLCI rose 16.07 points or 1.08% to 1,499.74 after opening 2.37 points higher at 1,486.04. Gainers overwhelmed losers by 627 to 190 while 233 counters closed unchanged. Volume decreased to 1.07 billion shares valued at RM1.45 billion compared with 1.21 billion shares worth RM1.87 billion last Friday. 


Stocks on Bursa Malaysia closed on a positive note last Friday on bargain-hunting activities across the board despite rising fears over the global economy. The FBM KLCI closed 7.21 points, or 0.49%, higher to 1,483.67. Week-on-week, it dropped 40.76 points to 1,483.67 from 1,524.43 previously. Advancers led decliners by 536 to 265, while 269 counters were unchanged. Total volume declined to 1.21 billion shares worth RM1.88 billion from Thursday's close of 1.14 billion shares valued at RM2.3 billion, while total weekly volume increased to 7.776 billion shares valued at RM14.682 billion from 6.020 billion shares worth RM9.858 billion previously. 


Stocks on Bursa Malaysia closed lower yesterday with investors continuously reducing their holdings on the back of rising concerns over spill-over effects of the European debt crisis. Losses were mostly seen in banking and finance-related stocks, like Maybank and CIMB, which were the top contributors to the FBM KLCI in terms of weightage. The FBM KLCI, which opened 13.29 points lower at 1,467.23, ended the day 4.06 points, or 0.27% lower at 1,476.46. Decliners led advancers by 434 to 376 while 257 counters were unchanged. Total volume decreased to 1.144 billion shares valued at RM2.3 billion from 1.59 billion shares valued at RM3.298 billion on Wednesday.