Stocks on Bursa Malaysia closed on an easier note yesterday amid weak performance by financial stocks including RHB Capital, CIMB and Maybank. Sentiment on the broader market was weak, tracking the weaknesses in Asian stocks following overnight losses on Wall Street. The market was quiet amid lack of fresh buying interests on concerns over global growth after the Federal Reserve lowered forecast for US economic growth this year and 2012. The benchmark FBM KLCI fell by 4.16 points or 0.27% to close at 1,563.19. Losers led gainers by 393 to 330 while 308 were unchanged. Volume increased to 875.69 million shares valued at RM1.43 billion from 847.12 million shares valued at RM1.52 billion yesterday. 


KLCI_20110622Stocks on Bursa Malaysia ended higher yesterday as last-minute buying emerged in selected heavyweights. Most investors took the opportunity to buy beaten-down stocks which offered attractive valuations after the recent correction. However, sentiment on the broader market remained bearish as investors stayed on the sidelines awaiting the outcome of the US Federal Reserve’s policy meeting later yesterday. The FBM KLCI rose 6.56 points or 0.42% to close at 1,567.35. Market breadth was bearish with 383 losers compared with 362 gainers while 327 were unchanged. Volume declined to 847.12 million shares, worth RM1.52 billion, compared with Tuesday’s 952.98 million shares worth RM1.56 billion.

FBM KLCI Weekly Chart 8-4-2011FBM KLCI Daily Chart 8-04-2011Stocks on Bursa Malaysia closed lower last Friday on some profit-taking given the weaker overnight close in the US market. The FBM KLCI fell 4.44 points or 0.28% to 1,557.49 after opening 0.27 point lower at 1,561.66. Week-on-week, the benchmark index gained 2.11 points from previous Friday’s close of 1,555.38. Gainers led losers by 418 to 405 while 321 counters were flat. Turnover increased to 1.669 billion shares worth RM2.119 billion from Thursday’s 1.575 billion shares worth RM2.283 billion. Weekly volume fell to 8.110 billion shares, worth RM10.675 billion, from last week’s 8.841 billion shares, valued at RM11.383 billion. 

FBM KLCI Daily Chart for 7-04-2011Stocks on Bursa Malaysia closed higher yesterday, boosted by persistent buying in selected blue chips. The market started the day on a positive note as investors took the cue from overnight gains on Wall Street, and positive corporate developments also spurred buying interest in the local market. The FBM KLCI rose 9.04 points or 0.58% to 1,561.93 after opening 3.94 points higher at 1,556.83. Gainers led losers by 441 to 352 while 323 counters were unchanged. Turnover was marginally higher at 1.575 billion shares worth RM2.283 billion from Wednesday’s 1.572 billion shares worth RM2.066 billion.


Stocks on Bursa Malaysia closed higher yesterday with the benchmark FBM KLCI holding firmly above the 1,490 points level. The positive close on Wall Street overnight coupled with the steadier sentiment on key regional markets spurred buying interest in the local market. The FBM KLCI finished 7.95 points or 0.53% better at 1496.49 after opening 4.67 points higher at 1493.21. Gainers thumped losers by 463 to 291 while 287 counters were unchanged. Turnover was slightly lower at 1.000 billion shares valued at RM1.424 billion compared with Wednesday’s 1.065 billion shares valued at RM1.812 billion.