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Thursday, January 22, 2015

FBM KLCI - higher on bullish note

Stocks on Bursa Malaysia closed broadly higher yesterday, supported by gains in small-capitalised counters as well as plantation and industrial-related shares. The FBM KLCI displayed good gain indicating the well acceptance of the revised budget announced by Prime Minister Najib Abdul Razak a day ago. The benchmark FBM KLCI rose 19.98 points or 1.14% to close at 1,770.09, after moving between 1,751.46 and 1,770.09 throughout the day. Gainers trounced losers by 559 to 287, while 280 counters were unchanged. Total volume rose to 2.2 billion units worth RM2.4 billion from 2.1 billion units worth RM2 billion on Tuesday. Read more >>

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