FBM KLCI ends decrease regardless of constructive market breadth

KUALA LUMPUR: The FBM KLCI ended decrease on Tuesday regardless of the broader-market breadth indicating most shares are gaining floor.

The benchmark index closed down 2.13 factors, or 0.13% to 1,596.79 after shifting between 1,601.68 and 1,594.41 all through the day.

Broader market sentiment was constructive, with 635 gainers outpacing 308 losers and 416 counters which traded unchanged.

Actions had been encouraging with 3.87 billion shares value RM2.36bil modified fingers.

Sellers mentioned market breadth was nonetheless constructive regardless of a pullback in the important thing index as buyers had been taking some profit-taking.

In as we speak’s session, 13 of the KLCI-component shares closed decrease whereas 12 counters chalked up good points.

Nestle tumbled RM2.20 to RM134.80, Maybank shed 10 sen to RM8.86, Hong Leong Financial institution misplaced 10 sen to RM20.10 and Digi declined 9 sen to RM3.88.

PPB group rose 16 sen to RM17.20, MISC added 15 sen to RM7.47, Petronas Chemical substances gained 15 sen to RM9.85 and Kuala Lumpur Kepong superior 14 sen to RM26.

On the broader market, Aeon Credit score fell 40 sen to RM15.30, PMB Know-how misplaced 36 sen to RM18.26 and Bintulu Port eased 15 sen to RM5.

Transocean, which hit restrict up, jumped 63 sen to RM2.75. MPI gained 60 sen to RM37.12 and Litrak added 52 sen to RM4.55.

In the meantime, the ringgit was quoted at 4.2112, up 0.21% in opposition to the US greenback.

US gentle crude oil rose 93 cents to US$104.21 and Brent misplaced US$1.01 to US$108.54 per barrel.

Among the many key regional markets:

Japan’s Nikkei 225 closed up 0.19% to 27,787.98;

Hong Kong’s Grasp Seng Index rose 2.1% to 22,502.31;

Shanghai Composite Index added 0.94% to three,282.72;

Taiwan’s Taiex fell 0.38% to 17,625.59 and;

South Korea’s Kospi superior 0.04% to 2,759.20.


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