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Monday, December 10, 2012

FBM KLCI - range-bound with an upward bias


Stocks on Bursa Malaysia ended slightly higher last Friday on late buying support. The local market had traded cautiously throughout the week due to the lack of impetus with most investors remaining on the sidelined. The FBM KLCI gained 1.54 points or 0.1% higher to 1,617.77, and week-on-week, it rose 6.94 points from previous week's 1,610.83. Gainers led losers by 329 to 295, while 336 counters were unchanged. Volume rose to 971.095 million shares worth RM1.221 billion from Thursday's 881.16 million shares worth RM1.25 billion, while weekly turnover fell to 4.199 billion shares valued at RM6.171 billion from previous week's 5.39 billion shares, valued at RM8.62 billion. ...Read more>>

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