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Stocks on Bursa Malaysia ended on a firmer note yesterday with the main index staying above the psychological 1,500-point level. Gains in plantation, palm oil-related and finance counters enabled the market barometer to rebound and close in the black for the first time since trading in the new year began. The FBM KLCI ended at 1,514.43, up 10.21 points, or 0.68%, after opening 2.83 points better at 1,507.05. Gainers outnumbered losers by 467 to 325, while 324 counters were unchanged. Volume increased to 1.668 billion shares worth RM1.462 billion, from 1.658 billion shares worth RM1.528 billion previously.

Stocks on Bursa Malaysia ended mixed yesterday as the benchmark FBM KLCI continued to head south to close 9.32 points or 0.62% lower at 1,504.22 on the second trading day of 2012, after touching an intra-day high of 1,525.14. Losers outnumbered gainers by 404 to 387, while 318 counters were unchanged. Turnover was slightly higher at 1.658 billion shares worth RM1.527 billion compared with 1.604 billion shares valued at RM1.406 billion on Tuesday.

Bursa Malaysia started the New Year on a weak note yesterday, bucking the regional trend, as investors locked in profits from a rally on the last trading day of 2011. It was the only market in the Asia Pacific that slumped yesterday, with profit-taking in banking stocks steering the key FBM KLCI index 17.19 points, or 1.12%, lower to 1,513.14. The overall market was mixed, with many second and third liners making gains. Gainers led losers by 446 to 325 while 278 counters were flat. Turnover surged to 1.604 billion shares worth RM1.406 billion compared with last Friday’s 1.329 billion shares worth RM1.527 billion.