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Friday, February 14, 2014

FBMKLCI - bearish reversal signal

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI ended weak after recording six days of gains, with losses mostly seen in plantation, consumer and finance counters. The FBMKLCI shed 8.49 points or 0.47% to close at 1,817.15 points after moving between 1,816.22 and 1,828.72 throughout the day. Market breadth was easier as losers thumped gainers by 484 to 318, while 301 counters were unchanged. Volume rose to 2.52 billion shares worth RM2.08 billion from 2.47 billion shares worth RM2 billion on Wednesday. ...Read more>>

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