FBM KLCI - higher on technical rebound
Stocks on Bursa Malaysia closed higher yesterday with the local benchmark index ended higher on a rebound lifted by heavyweights led by Tenaga. Most Southeast stock markets also rose on Monday amid hopes about Greece’s debt deal after it came out with a last minute proposal to appease creditors. The FBM KLCI was 10.99 points or 0.64% better at 1,732.76, after moving between 1,720.84 and 1,735.90 throughout the day. Gainers led losers by 561 to 238, with 306 counters unchanged. Total volume decreased to 1.54 billion units, worth RM1.82 billion, from Friday’s 1.72 billion units worth RM2.42 billion.
Stocks on Bursa Malaysia ended last Friday on a bullish note with the benchmark FBM KLCI 3.65 points or 0.21% higher at 1,721.77, after moving between 1,715.83 and 1,726.98 throughout the day, lifted by heavyweights led by Tenaga and finance counters. On a weekly basis, the benchmark index shed 12.6 points or 0.7% from 1,734.37 previously. Gainers led losers by 489 to 299, with 329 counters unchanged. Total volume increased to 1.72 billion units worth RM2.42 billion from Thursday’s 1.45 billion units worth RM1.97 billion. Weekly turnover increased to 7.72 billion units worth RM9.18 billion from 6.36 billion units worth RM7.29 billion previously.
Stocks on Bursa Malaysia ended lower yesterday in tandem with regional peers, weighed down by selling in selected heavyweights. Southeast Asian stock markets were mostly flat to weaker on profit taking. The FBM KLCI fell 8.74 points or 0.51% to 1,718.12, after moving between 1,714.22 and 1,727.30 throughout the day. Gainers led losers by 380 to 369, with 337 counters unchanged. Total volume declined to 1.45 billion units worth RM1.97 billion from Wednesday’s 1.48 billion units worth RM1.74 billion.
Stocks on Bursa Malaysia closed higher yesterday, lifted by gains in selected finance heavyweight counters, in line with other Southeast Asian stock markets, which mostly gained on Wednesday, as investors awaits the Federal Reserve’s (Fed) view on interest rate later of the day. The FBM KLCI rose 4.62 points or 0.27% to 1,726.86 after moving between 1,721.23 and 1,728.6 throughout the day. Gainers led losers 405 to 342, with 323 counters unchanged. Total volume declined to 1.48 billion units worth RM1.74 billion from Tuesday’s 1.53 billion units worth RM1.53 billion.