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Tuesday, July 24, 2012

FBM KLCI - lower on profit-taking correction

Stocks on Bursa Malaysia ended in the negative territory yesterday amid weak market sentiment following concerns on the Euro zone debt crisis, as well as slowdown in the US and China has pressured the equities market. Renewed concerns over Euro zone’s crisis saw the Spanish 10-year government bond yield hitting a new high and forced Wall Street to finish weaker last Friday. At close, the FBM KLCI fell 6.83 points or 0.42% to 1,636.17 after fluctuated between 1,635.12 and 1,643.33 throughout the day. Decliners led advancers by 565 to 194 while 312 counters closed unchanged. Total volume fell to 915.89 million shares worth RM1.22 billion from 1.22 billion shares valued at RM1.72 billion last Friday. Read more...

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