‘Uneven commerce’ prone to proceed

KUALA LUMPUR: The FBM KLCI closed within the pink amid some uneven commerce as index heavyweights reminiscent of Malayan Banking Bhd (Maybank), Public Financial institution Bhd and Tenaga Nasional Bhd (TNB) weighed.

At 5pm, the market’s key barometer misplaced 4.10 factors or 0.26% to complete at 1,587.16, off an intraday excessive of 1,589.49. There have been 558 gainers, 398 losers and 402 counters traded unchanged on the inventory change.

Traded volumes stood at 2.44 billion shares value RM2.26bil.

Sellers mentioned the shopping for curiosity yesterday was interspersed with profit-taking. They mentioned the market would proceed to be uneven and commerce in a spread.

In yesterday’s session, 12 of the KLCI-component shares have been traded decrease whereas 13 counters superior with 5 counters remaining unchanged.

Maybank contributed probably the most to the index decline. The financial institution fell 17 sen to RM8.85, dragging the index down by 3.0354 factors.

Public Financial institution misplaced six sen to RM4.63, pushing the index decrease by 1.7507 factors. TNB fell 17 sen to RM9.25, nudging the index 1.4632 factors decrease. Kuala Lumpur Kepong Bhd misplaced 32 sen to RM24.98, Digi fell six sen to RM4.01 and Petronas Fuel Bhd added 32 sen to RM16.96.


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