FBM KLCI struggles to breach 1,600 degree

KUALA LUMPUR: The FBM KLCI closed marginally under the psychological degree of 1,600 factors for the second straight day, amid declines in most regional markets.

At 5pm, the benchmark index rose 1.09 factors to 1,598.97. The index had earlier inched larger to 1,601.16.

Gainers led losers by 482 to 429, whereas 434 counters traded unchanged. Quantity was 2.7 billion shares valued at RM2.11bil.

Regardless of the achieve, 14 constituent counters closed decrease, outnumbering 11 gainers losers and 5 unchanged counters.

Among the many KLCI-component shares, Nestle added 60 sen to RM136, Petronas Dagangan rose 44 sen to RM21.94, Genting Malaysia added eight sen to RM2.95 and Petronas Gasoline climbed eight sen to RM16.84.

Telekom Malaysia and Hong Leong Financial institution fell 10 sen every to RM4.85 and RM20.40 respectively.

On the broader market, Malaysian Pacific Industries fell 42 sen to RM37.58, Batu Kawan misplaced 20 sen to RM26.12 and Southern Acids shed 14 sen to RM3.95

Elsewhere within the area, Japan’s Nikkei Inventory Common rose 0.25%, Hong Kong’s Cling Seng Index fell 0.94%, South Korea’s Kospi closed down 0.2%, China’s CSI300 fell 0.59% and Singapore’s Straits Instances Index added 0.99%.


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