KUALA LUMPUR (June 22): The FBM KLCI pared much of its loss at the midday break today as index-linked banking stocks advanced for the benchmark index to regain some lost ground.
At 12.30pm, the FBM KLCI was down 2.45 points to 1,689.87. The index had earlier slipped to its intra-morning low of 1,768.03.
Losers led gainers by 288 to 208, while 550 counters traded unchanged. Volume was 944.01 million shares valued at RM829.76 million.
Instagram this week launched IGTV, a standalone video app for Instagram users. So Facebook is still pushing to compete with YouTube; that’s cool. But I was more interested in the other news announced at the event in San Francisco: Instagram now has over 1 billion monthly active users. Let’s put that figure into perspective — […]