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Thursday, December 11, 2014

FBM KLCI - sign of bullish reversal

Stocks on Bursa Malaysia ended on a firm note yesterday on technical rebound. Among the stocks that gave the bourse a boost were AXIATA, which rose 30 sen to RM6.92, SIME DARBY, which increased 40 sen to RM9.60, and MAXIS which surged 26 sen to RM6.88. At close, the benchmark FBMKLCI rose 27.42 points or 1.58% to 1,765.52, after opening 5.34 points lower at 1,732.76. Gainers trounced losers by 502 to 281, while 300 counters were unchanged. Total volume slipped to 1.2 billion units worth RM1.6 billion from 1.4 billion units worth RM1.7 billion on Tuesday. Read more >>

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