FBM KLCI - higher on follow through buying
Stocks on Bursa Malaysia ended higher yesterday on better sentiment due to the Fitch Ratings’ decision to upgrade the country’s credit rating from negative to stable. However, the market was still nervous over the Greece’s debt crisis which was unlikely to be resolved before Sunday’s referendum. The FBM KLCI finished at 1,733.88, up by 5.92 points, or 0.34%, after moving between 1,728.43 and 1,738.67 throughout the day. Gainers thumped losers by 388 to 351, with 334 counters unchanged. Total volume dropped to 1.46 billion units worth RM1.85 billion from Wednesday’s 1.94 billion units worth RM2.17 billion.