KLCI_20110707

Stocks on Bursa Malaysia ended mixed yesterday on profit-taking despite recording fresh intra-day high in early trade. The market was unable to sustain its positive momentum as profit-taking started to set in among key blue chips. The FBM KLCI fell 1.1 points or 0.07% to 1,590.24. Advancers led decliners by 368 to 355 while 355 counters closed unchanged. Volume rose to 1.27 billion shares worth RM2.07 billion from 1.11 billion shares worth RM2.15 billion on Wednesday. 

KLCI_20110706

Stocks on Bursa Malaysia closed broadly higher yesterday with the key benchmark FBM KLCI hitting an all-time high. Most blue-chips regained ground with investors upbeat over the country’s economy. Investors were encouraged by the positive economic news flow from the six Strategic Reform Initiatives announced by the government the day before to boost Malaysia’s competitiveness. The benchmark FBM KLCI ended 9.49 points or 0.6% higher at its peak of 1,591.34. Advancer led decliners by 453 to 287 while 342 counters closed unchanged. A total of 1.11 billion shares, worth RM2.15 billion, were traded against Tuesday’s 728.65 million shares, valued at RM1.463 billion. 

KLCI_20110705

Stocks on ended lower yesterday due to selling in heavyweights after the recent highs, coupled with a lack of fresh leads. Investors took cue from the weak trading across regional markets on renewed fears over the Euro-zone sovereign debt especially Greece, while Wall Street overnight was closed for the Independence Day holiday. The FBM KLCI fell 0.5 of a point or 0.03% to 1,581.85. Market breadth was negative with losers leading gainers 386 to 319 while 330 counters were unchanged. A total of 728.65 million shares valued at RM1.463 billion were traded against 728.68 million shares worth RM1.377 billion on Monday. 

KLCI_20110704

Stocks on Bursa Malaysia ended marginally lower yesterday on late profit-taking activities with the FBM KLCI finishing 0.59 points lower at 1,582.35. The key benchmark index touched an all time intra-day high of 1,589.93 in the morning session but was unable to sustain the momentum due to lack of follow-through support. The market failed to take the cue from regional markets amid scattered participation by foreign fund managers. Decliners led advancers by 453 to 333 while 304 counters closed unchanged. Turnover declined to 728.860 million shares valued at RM1.377 billion from 801.954 million shares valued at RM1.4 billion on last Friday. 

KLCI_20110701

Stocks on Bursa Malaysia ended on a mixed note last Friday in a market that was generally dominated by rotational play. The bellwether FBM KLCI, however, finished last week at another new historic high level of 1,582.94. The stronger close on Wall Street overnight gave Bursa a positive lead and more good news from Greece also supported sentiment. The market barometer, which slipped into negative territory to a low of 1,576.89 and stayed in red most of the time after opening 1.76 points higher at 1,580.83, recovered at the last minute to end 3.87 points, or 0.24%, at 1,582.94. Week-on-week, the key index gain 18.28 points, or 1.17% from previous Friday’s close of 1,564.66. Decliners led advancers by 388 to 352 while 317 were unchanged. Daily volume dropped to 801.954 million shares valued at RM1.4 billion from 947.614 million shares valued at RM1.814 billion on Thursday, and weekly turnover declined to 4.517 billion shares valued at RM8.266 billion from last week's 4.602 billion shares valued at RM7.637 billion.