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Tuesday, April 1, 2014

FBM KLCI - lower on profit-taking

Stocks on Bursa Malaysia closed lower yesterday amid continued profit-taking pressure on selected plantation and palm oil stocks. However, most Asian stocks were higher in a cautious start to the week, with investors holding out hope that China would take steps to stimulate its economy. The FBMKLCI was down 1.52 points or 0.08% to close at 1,849.21 after hovering between 1,839.03 and 1,852.29 throughout the day. Gainers outpaced losers by 408 to 384, while 315 counters were unchanged. Turnover rose to 1.94 billion shares worth RM2.38 billion from 1.8 billion shares valued at RM2.03 billion on Friday. ...Read more>>

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