Stocks on Bursa Malaysia closed higher yesterday, boosted by persistent buying in selected blue chips. The market started the day on a positive note as investors took the cue from overnight gains on Wall Street, and positive corporate developments also spurred buying interest in the local market. The FBM KLCI rose 9.04 points or 0.58% to 1,561.93 after opening 3.94 points higher at 1,556.83. Gainers led losers by 441 to 352 while 323 counters were unchanged. Turnover was marginally higher at 1.575 billion shares worth RM2.283 billion from Wednesday’s 1.572 billion shares worth RM2.066 billion.
Stocks on Bursa Malaysia closed higher yesterday with the benchmark FBM KLCI holding firmly above the 1,490 points level. The positive close on Wall Street overnight coupled with the steadier sentiment on key regional markets spurred buying interest in the local market. The FBM KLCI finished 7.95 points or 0.53% better at 1496.49 after opening 4.67 points higher at 1493.21. Gainers thumped losers by 463 to 291 while 287 counters were unchanged. Turnover was slightly lower at 1.000 billion shares valued at RM1.424 billion compared with Wednesday’s 1.065 billion shares valued at RM1.812 billion.
Stocks on Bursa Malaysia ended yesterday on a bearish note with sentiment buoyed by external factors like the Ireland debt issue and the conflict between North and South Korea. On top of that, the just-announced third-quarter Gross Domestic Product figures were not favourable to the market. The FBM KLCI slumped 15.67 points or 1.04% to end at 1487.53, after opening 3.64 points better at 1506.84. Decliners overwhelmed advancers by 784 to 96 while 196 counters were unchanged. Turnover rose to 1.175 billion shares, valued at RM2.009 billion, from 968 million shares, worth RM1.165 billion on Monday.