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Thursday, July 17, 2014

FBM KLCI - marginally higher amid heavy profit-taking

Stocks on Bursa Malaysia ended marginally higher yesterday, supported by gains on small-capitalized and finance stocks. The better-than-expected growth data from China lifted investment sentiment in the market despite profit-taking and weaker overnight close on Wall Street. The FBMKLCI was 1.84 points or 0.10% higher at 1,886.71, after opening 6.72 points better at 1,891.59, and moved between 1,882.52 and 1,895.02 throughout the day. Gainers led losers by 543 to 350 with 302 counters unchanged. Total volume rose to 2.40 billion units worth RM2.63 billion from Monday's 2.22 billion units valued at RM1.98 billion. The market was closed on Tuesday for the Nuzul Al-Quran holiday. Read more>>

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