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Thursday, January 23, 2014

FBM KLCI - temporary bottom formation

Stocks on Bursa Malaysia ended lower yesterday, weighed down by selling in selected heavyweights and index-linked counters. The FBMKLCI finished 1.24 points or 0.07% lower at 1,814.1 after hovering between 1,803.43 and 1,816.57 throughout the day. Market breadth was negative as losers thumped gainers by 464 to 325, while 310 counters were unchanged. Volume rose to 1.839 billion shares valued at RM2.135 billion from Tuesday’s 1.591 billion shares worth RM1.849 billion. ...Read more>>

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