FBM KLCI - sign of toppishness
Stocks on Bursa Malaysia ended mixed in thin trade yesterday with profit-taking and bargain-hunting emerging after previous gains and sell-offs. A weak regional market following negative performance overnight on Wall Street weighed on investors sentiment as the meeting between German chancellor Angela Merkel and French president Nicolas Sarkozy was unable to restore confidence in the Euro zone. The FBM KLCI rose 0.23 of a point or 0.01% to 1,503.3. Losers overwhelmed gainers by 445 to 265 while 308 counters closed unchanged. Volume declined to 850.55 million shares worth RM1.71 billion compared with 892.81 million shares valued at RM1.6 billion on Wednesday.