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Tuesday, October 30, 2012

FBM KLCI - higher amid heavy profit-taking

Stocks on Bursa Malaysia ended on a mixed note yesterday as regional markets fell as investors switch their focus away from signs of stable US growth, looking instead at tepid global corporate earnings and the uncertain economic outlooks. The FBM KLCI, however,  closed at an all-time high of 1,672.56, up 0.67 point, after opening 6.41 points higher at 1,678.30 on late buying support in key heavyweights. It touched a fresh all-time intra-day high of 1,679.37. Losers led gainers by 331 to 376, with 334 counters unchanged. Volume rose to 1.26 billion shares valued at RM1.38 billion from 1.44 billion shares valued at RM1.28 billion last Friday. ...Read more>>

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