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Tuesday, September 10, 2013

FBM KLCI - short term trend turned up

Stocks on Bursa Malaysia closed broadly higher yesterday with the benchmark FBM KLCI staging one of the strongest rallies in recent weeks. The rise was in line with positive performance of other regional bourses as upbeat Chinese trade and inflation data lifted Chinese shares to three-month highs and boosted regional markets. The FBM KLCI rose 23.23 points or 1.35% to 1,747.03 after opening 2.47 points higher at 1,726.27 and moved between 1,726.27 and 1,747.03. Gainers beat losers by 568 to171, while 266 counters were unchanged. Turnover rose to 1.28 billion shares worth RM1.60 billion against last Friday's 1.10 billion shares worth RM1.45 billion. ...Read more>>

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