FBM KLCI - lower in line with regional performance
Stocks on Bursa Malaysia ended weaker yesterday in line with the bearish sentiment on Asian markets on concern over the higher oil prices which will affect global growth. In the absence of fresh local catalysts the investors stayed on the sidelines to be further depressed by weak European economic data and China’s new export orders shrank in February. The FBM KLCI declined by 3.86 points, or 0.247%, to close at 1,556.66 after opening 1.39 points lower at 1,559.13. Losers led gainers by 689 to 217 while 264 counters were unchanged. Total turnover declined to 1.951 billion shares worth RM2.109 billion from 2.230 billion shares worth RM1.937 billion on Wednesday.