KLCI_20110729wk

Stocks on Bursa Malaysia closed lower for the third consecutive day last Friday as market sentiment continued to sour pending the uncertainty on the US debt problem. The US debt crisis continued to weigh in on investors amid an easier regional market and a weak performance overnight on Wall Street. The FBM KLCI declined 3.1 points, or 0.2%, to 1,548.81 after opening 1.31 points higher at 1,553.22, and week-on-week, it lost 16.25 points from the previous week’s close of 1,565.06. Losers led gainers by 426 to 306 while 315 were unchanged. Volume increased to 1,107 billion shares worth RM1.716 billion compared with 1.06 billion shares valued at RM1.74 billion on Thursday. Weekly volume increased to 5.13 billion shares, worth RM8.07 billion, from 4.9 billion shares, valued at RM9.24 billion, last week.

KLCI_20110728

Stocks on Bursa Malaysia ended broadly lower yesterday, weighed on by concerns over US debt talks and a downgrade of its credit rating. The uncertain situation in the US kept the market under selling pressure, and investors were getting nervous over whether US lawmakers would be able to reach an agreement to prevent a government default and allow the country to maintain its “AAA” credit rating. The FBM KLCI fell 6.26 points, or 0.4%, to 1,551.91, after hitting an intra-day low of 1,544.96. Losers overwhelmed gainers by 480 to 290 while 274 counters closed unchanged. Volume increased to 1.06 billion shares valued at RM1.74 billion compared with 1.05 billion shares worth RM1.7 billion on Wednesday. 

KLCI_20110727

Stocks on Bursa Malaysia ended mixed yesterday with investor interest confined to selective sectors and stocks, including telecommunication and plantation counters. The market was concerned over progress in the plan to lift the US debt ceiling that has triggered a broad sell-off in risky assets worldwide. The FBM KLCI fell 3.6 points, or 0.23%, to 1,558.17. Market breadth was positive with advancers leading decliners by 383 to 320 while 343 counters closed unchanged. Volume rose to 1.05 billion shares worth RM1.7 billion from 1.04 billion shares valued at RM1.54 billion on Tuesday. 

KLCI_20110726

Stocks on Bursa Malaysia closed higher yesterday on active buying of blue-chips, particularly finance and plantation, and in line with gains on regional markets. The market took the cue from the US market’s overnight weak close and started out in negative territory due to selling pressure. The FBM KLCI closed higher by 2.17 points or 0.14% to 1,561.77 after opening 2.13 points easier at 1,557.47. Market breadth was positive with advancers leading decliners by 374 to 334 while 325 counters closed unchanged. Volume rose to 1.04 billion shares valued at RM1.54 billion from 810.53 million shares worth RM1.57 billion registered on Monday. 

KLCI_20110725

Stocks on Bursa Malaysia ended broadly lower yesterday in line with the weak performance of regional bourses, with the FBM KLCI slipped below the 1,560-point level as regional markets were pulled down by the debt impasse in Washington which may trigger the first-ever US debt default. The FBM KLCI fell 5.46 points or 0.35% to 1,559.60 after opening 0.4 point better at 1,565.46. Market breadth was negative with losers outnumbering gainers by 505 to 203 while 291 were unchanged. A total of 857.415 million shares valued at RM1.361 billion changed hands compared with 1.166 billion shares worth RM1.993 billion last Friday.