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FBM KLCI - higher amid profit taking

15 July 2015

FBM KLCI - 20150714Stocks on Bursa Malaysia closed broadly higher yesterday, beating the regional trend with the benchmark index ended higher prompted by active buying momentum for heavyweights, despite regional market turning lower amid the uncertainty in Greece's conditional bailout agreement. The FBM KLCI finished at 1,721.10, up 4.99 points, or 0.29%, after moving between 1,720.06 and 1,727.07 throughout the day. Gainers outperformed losers by 477 to 287 with 326 counters unchanged. Total volume reduced slightly to 1.48 billion units valued at RM1.69 billion from 1.49 million units valued at RM1.45 billion, recorded on Monday.

Read more: FBM KLCI - higher amid profit taking

FBM KLCI - marginally higher

14 July 2015

FBM KLCI - 20150713Stocks 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.

Read more: FBM KLCI - marginally higher

FBM KLCI - likely to move range-bound

13 July 2015

FBM KLCI - 20150710wkStocks 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.

Read more: FBM KLCI - likely to move range-bound

FBM KLCI - higher on technical rebound

10 July 2015

FBM KLCI - 20150709Stocks 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.

Read more: FBM KLCI - higher on technical rebound

More Articles ...

  1. FBM KLCI - lower on bearish sentiment
  2. FBM KLCI - in consolidation
  3. FBM KLCI - lower on bearish sentiment
  4. FBM KLCI - likely to move range-bound
  5. FBM KLCI - higher on follow through buying
  6. FBM KLCI - higher in response to Fitch's positive rating
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