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Stocks on Bursa Malaysia ended last week on a mixed note with follow-through interest in selected heavyweights, especially CIMB and Maybank. The decision by the country's two largest banks, Maybank and CIMB, to call off talks with RHB Cap on a possible merger attracted relief buying interest in the stocks. The FBM KLCI rose 1.47 points or 0.09% to 1,564.66 after opening 0.77 point higher at 1,563.96. Week-on-week, the key index gained 1.23 points from previous Friday’s close of 1,563.43. Market breadth was bullish with 434 gainers compared with 286 losers. Volume increased to 1.08 billion shares worth RM1.72 billion as compared to Thursday's 875.69 million shares valued at RM1.43 billion, and weekly volume increased to 4.6 billion shares worth RM7.64 billion from 4.12 billion shares worth RM7.81 billion the previous week. 

Stocks on Bursa Malaysia closed on an easier note yesterday amid weak performance by financial stocks including RHB Capital, CIMB and Maybank. Sentiment on the broader market was weak, tracking the weaknesses in Asian stocks following overnight losses on Wall Street. The market was quiet amid lack of fresh buying interests on concerns over global growth after the Federal Reserve lowered forecast for US economic growth this year and 2012. The benchmark FBM KLCI fell by 4.16 points or 0.27% to close at 1,563.19. Losers led gainers by 393 to 330 while 308 were unchanged. Volume increased to 875.69 million shares valued at RM1.43 billion from 847.12 million shares valued at RM1.52 billion yesterday. 

Stocks on Bursa Malaysia ended higher yesterday as last-minute buying emerged in selected heavyweights. Most investors took the opportunity to buy beaten-down stocks which offered attractive valuations after the recent correction. However, sentiment on the broader market remained bearish as investors stayed on the sidelines awaiting the outcome of the US Federal Reserve’s policy meeting later yesterday. The FBM KLCI rose 6.56 points or 0.42% to close at 1,567.35. Market breadth was bearish with 383 losers compared with 362 gainers while 327 were unchanged. Volume declined to 847.12 million shares, worth RM1.52 billion, compared with Tuesday’s 952.98 million shares worth RM1.56 billion.