KLCI_20110714

Stocks on Bursa Malaysia ended lower yesterday in very quiet trading as investors remained cautious over US economic developments and the ongoing European debt crisis. Investors were also adopting a wait-and-see attitude and anticipated more projects to be announced under the Economic Transformation Programme, before investing for the long term. The FBM KLCI closed 0.83 point easier at 1,579.84, after trading within a narrow range of between 1,577.76 and 1,581.69 throughout the day. Losers led advancers by 429 to 257, while 346 counters were unchanged. Turnover dwindled to 713.17 million shares, valued at RM1.37 billion, from 843.27 million shares, worth RM1.57 billion, recorded on Wednesday. 

KLCI_20110713

Stocks on Bursa Malaysia staged a late rebound to close higher yesterday, tracking the bullish regional markets. News that the Italian government has managed to sell its bonds at relatively good prices helped boost the regional markets. Overall, the local market was still resilient as investors were still looking for a boost from major projects such as the mass rapid transit and the spending in the oil and gas sector. The FBM KLCI rose 2.57 points, or 0.16%, to close at 1,580.67. Advancers led losers by 389 to 306 while 327 counters were unchanged. Turnover rose to 843.27 million shares valued at RM1.57 billion from 832.79 million shares valued at RM1.55 on Tuesday. 

KLCI_20110712

Stocks on Bursa Malaysia continued their downtrend at the close yesterday, tracking the weak performance of regional markets and Wall Street. Investors were worried about the Euro-zone debt crisis, with Italy expected to be the next country that may need a rescue package. The FBM KLCI fell 10.48 points, or 0.66%, to close at 1,578.10. Losers beat gainers by 602 to 167 while 288 counters were unchanged. A total of 832.79 million shares, valued at RM1.55 billion, were traded yesterday against 712.48 million shares worth RM1.293 billion on Monday. 

KLCI_20110711

Stocks on Bursa Malaysia ended lower yesterday as foreign funds selling across the region in response to news of weak global development weighed down the local bourse. The unexpected higher unemployment data in the US and worries that the Euro debt crisis was spreading to Italy, on top of Greece’s debt, kept investors away from the market. The FBM KLCI fell 6.16 points or 0.39% to 1,588.58, as most of the 30 counters of the key benchmark index traded lower on selling pressure. Market breadth was negative with losers outnumbering gainers by 460 to 237 while 304 counters were unchanged. A total of 712.48 million shares valued at RM1.293 billion were traded yesterday against 810.53 million shares worth RM1.57 billion last Friday. 

KLCI_20110708

Stocks on Bursa Malaysia ended mixed last Friday, but gains in key heavyweights like PETGAS and MISC pushed the benchmark FBM KLCI to close at another historic high. The market started higher in early trade as investors took the cue from the positive overnight performance on Wall Street, but later succumbed to profit-taking. However, late buying in selected heavyweights pushed the index to end at its peak. The FBM KLCI rose 4.5 points or 0.28% to close at 1,594.74, week-on week, it rose 11.8 points or 0.75% from previous Friday’s close of 1,582.94. Decliners led advancers by 390 to 287 while 366 were unchanged. Volume fell to 810.53 million shares worth RM1.57 billion from 1.27 billion shares worth RM2.07 billion on Thursday. Weekly volume rose to 4.66 billion shares valued at RM8.63 billion from the 4.52 billion shares valued at RM8.27 billion the previous week.