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Tuesday, November 18, 2014

FBM KLCI - lower on continued weak sentiment

Stocks on Bursa Malaysia closed broadly lower yesterday, dragged down by losses in blue-chips and small-capitalised stocks, in line with weak market sentiment in other Asian markets, although there was strong demand for Chinese stocks as the Shanghai-Hong Kong Stock Connect makes its debut. The benchmark FBMKLCI settled at its intra-day low of 1,806.48, down 7.31 points or 0.04%, after trading as high as 1,814.58. Losers led gainers by 532 to 245, with 286 counters unchanged. Total volume decreased to 1.41 billion shares worth RM1.39 billion from 1.64 billion units worth RM1.6 billion on last Friday. Read more >>

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