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Friday, October 18, 2013

FBM KLCI - higher amid mild profit-taking

Stocks on Bursa Malaysia closed on a positive note yesterday, boosted by continued gains on selected heavyweights. However, most blue-chips were off their day’s best on mild profit taking after the initial exuberance from the last-ditch US budget deal fizzled out. The FBM KLCI gained 6.05 points or 0.34% to close at 1,797.42 after hovering between 1,796.1 and 1,802.57 points throughout the day. Gainers led losers by 478 to 298 while 317 counters were unchanged. Volume rose to 1.74 billion shares worth RM1.75 billion from 1.62 billion shares worth RM1.884 billion on Wednesday. ...Read more>>

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