Bursa Malaysia ends decrease in sync with regional friends

KUALA LUMPUR: Bursa Malaysia completed buying and selling on a neater be aware as we speak, in sync with most key regional bourses following a weaker efficiency on Wall Avenue in a single day .

At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 6.69 factors, or 0.41 per cent, to finish at its intraday low of 1,589.01 in contrast with Thursday’s shut of 1,595.70.

The barometer index hit an intraday excessive of 1,596.62 within the early morning buying and selling session after opening 0.88 of-a-point firmer at 1,596.58.

On the broader market, losers outpaced gainers 487 to 310 with 448 counters unchanged, 1,007 untraded, and 27 others suspended.

Whole turnover decreased to 2.15 billion models price RM1.41 billion from 3.32 billion models price RM2.0 billion on Thursday.

Rakuten Commerce Sdn Bhd vice-president of fairness analysis Thong Pak Leng mentioned the index continued to shut in unfavourable territory primarily as a result of steady promoting strain amid weak sentiment throughout the area.

“Key regional markets closed broadly decrease following unfavourable efficiency on Wall Avenue. In the meantime, the lockdown in Shanghai as a result of COVID-19 outbreaks and the warfare in Ukraine are weighing on sentiment,” he advised Bernama.

Regionally, the Singapore Straits Occasions Index fell 0.19 per cent to three,335.85, South Korea’s Kospi shed 0.76 per cent to 2,696.06 whereas Shanghai’s SSE Composite eased 0.45 per cent to three,211.24.

Japan’s Nikkei was 0.29 per cent simpler at 27,093.19 however Hong Kong’s Hold Seng Index climbed 0.67 per cent to 21,518.08.

On the native bourse, heavyweights Maybank slid 4 sen to RM8.79, IHH Healthcare slipped 12 sen to RM6.40, Press Metallic misplaced eight sen to RM6.52, Public Financial institution was flat at RM4.67, whereas Petronas Chemical compounds rose six sen to RM10.32.

Of the actives, Datasonic added three sen to 52.5 sen, each Key Alliance and MNC Wi-fi had been flat at one sen and three.5 sen, respectively, whereas Tanco shed 6.5 sen to 37 sen, and China Ouhua eased half-a-sen to 7.5 sen . – Bernama


Source link

Leave a Comment