Stocks on Bursa Malaysia continued their downtrend yesterday following selling pressure before ending on an easier note, as some bargain hunting activity managed to help cap some of the losses. The FBM KLCI lost 24.85 points, or 1.66%, to 1,472.14 after hitting an intra-day low of 1,423.27, with heavy losses mostly seen in key heavyweights. Losers outnumbered gainers by 828 to 159 while 179 counters were unchanged. Turnover fell to 1.896 billion shares worth RM3.598 billion from 1.937 billion shares worth RM3.612 billion.


Stocks on Bursa Malaysia closed sharply lower last Friday as investors fled stocks for safe haven assets, unnerved by the hefty fall on Wall Street overnight, fresh jitters about Europe's debt crisis and the increasingly gloomy global economic outlook. Across the region, all markets moved in tandem to record massive losses. The benchmark FBM KLCI plunged 22.46 points or 1.45% to 1,524.43, and week-on-week, it lost 24.38 points from previous week’s close of 1548.81. Losers overwhelmed gainers by 934 to 60 while 152 counters were unchanged. Turnover, however, increased to 1.78 billion shares worth RM3.67 billion from 1.16 billion shares worth RM1.55 billion on Thursday. Total weekly volume increased to 6.020 billion shares worth RM9.858 billion from 5.13 billion shares worth RM8.07 billion the previous week. 


Stocks on Bursa Malaysia closed mostly higher yesterday with main indices staying in positive territory despite weaker sentiments in Asian markets. Investors were concerned over the weakening global economic outlook following poor economic data from US and persistent Europe’s sovereign debt crisis. The benchmark FBM KLCI closed 1.79 points or 0.12% higher at 1,546.89. Gainers outnumbered losers by 397 to 363 while 316 counters were unchanged. Turnover decreased to 1.161 billion shares worth RM1.545 billion from 1.165 billion shares worth RM1.750 billion on Wednesday. 


Stocks on Bursa Malaysia extended Tuesday's losses yesterday in line with weaker regional bourses as US stocks plunged overnight on poor economic data. The faltering US economy, despite avoiding a debt default, would continue to affect regional markets on concerns of the impact of a slowdown in global exports and manufacturing activities. The FBM KLCI lost 9.75 points or 0.63% to 1,545.10 after opening 5.36 points lower at 1,549.49. Losers outnumbered gainers by 514 to 259 while 280 counters were unchanged. Turnover increased to 1.165 billion shares worth RM1.751 billion from 903.522 million shares worth RM1.437 billion on Tuesday. 


Stocks on Bursa Malaysia ended broadly higher yesterday, recovering from three trading days of losses, in tandem with firmer regional bourses following news that US congressional leaders have agreed to raise the debt limit and cut government spending to avoid a potentially disastrous default. The FBM KLCI finished 9.20 points to 1,558.01 after opening 0.98 point higher at 1,549.79. Gainers beat losers by 553 to 225 with 300 counters unchanged. Turnover was lower at 1.009 billion shares, worth RM1.452 billion, from 1.107 billion shares, worth RM1.716 billion, registered last Friday.