Home

Stocks on Bursa Malaysia closed mixed yesterday with the benchmark index reversing its earlier trend to close marginally higher on last-minute buying support for heavyweights. Sentiment turned positive after euro zone leaders agreed to a deal that would pave for negotiations for a third bailout for Greece, in which the deal will allow Greece to stay in euro zone and avoid bankruptcy, but it will have to undertake reforms and privatise assets worth about 50 billion euro (RM211.18 billion). The FBM KLCI finished at 1,716.11, up 0.53 point, or 0.03%, after moving between 1,707 and 1,718.39 throughout the day. Losers edged gainers by 359 to 357, while 322 counters were unchanged. Total volume fell to 1.49 million units valued at RM1.45 billion from 1.67 billion units valued at RM1.66 billion, recorded on last Friday.

Stocks on Bursa Malaysia ended last Friday higher following continued buying interest amid profit taking ahead of the weekend. The FBM KLCI finished at 1,715.58, up 14.04 points, or 0.83% after moving between 1,698.26 and 1,720.82 throughout the day. On a weekly basis, the benchmark index fell 18.66 points from previous Friday’s 1,734.24. Gainers beat losers by 537 to 283 with 298 counters unchanged. Total volume fell to RM1.67 billion units valued at RM1.66 billion from 1.82 billion units valued at RM1.83 billion on Thursday. Weekly turnover rose to 8.73 billion units worth RM8.89 billion, from 8.27 billion units worth RM9.37 billion traded previously.

Stocks on Bursa Malaysia rebounded to close higher yesterday after opening lower, driven by domestic buying for selected heavyweights, especially in the finance and telecommunication sectors. The benchmark FBM KLCI finished at 1,701.54, up 5.71 points, or 0.34%, after moving between 1,685.03 and 1,704.88 throughout the day. Gainers beat losers by 557 to 271, while 287 counters were unchanged. Total volume fell to 1.82 billion units valued at RM1.83 billion from 1.99 billion units valued at RM2.25 billion on Wednesday.