KLCI closes at day’s low, Press Steel weighs

KUALA LUMPUR: The FBM KLCI closed on the day’s low on Tuesday, weighed down by losses in Press Steel and Prime Glove amid weak sentiment.

At 5pm, the important thing index closed down 7.48 factors to 1,597.13, its intraday low.

The market breadth remained overwhelmingly detrimental with 578 decliners versus 340 gainers. Turnover was 3.9 billion shares valued at RM2.43bil.

Sellers stated the promoting on Bursa Malaysia was broad-based. They stated traders are prone to stay optimistic on the restoration theme, specializing in restoration sectors resembling building, banking and client.

The KLCI-component shares have been overwhelmingly detrimental, with 21 losers and 4 gainers whereas 5 closed unchanged.

Press Steel misplaced 14 sen to RM6.42, dragging the index decrease by 1.7252 factors. Prime Glove shed 10 sen to RM1.81, pushing the index 1.2274 factors decrease.

Hong Leong Monetary Group fell 22 sen to RM19.28, Hong Leong Financial institution eased eight sen to RM20.42, Hartalega misplaced six sen to RM4.71 and Digi declined 5 sen to RM3.85.

Kuala Lumpur Kepong added 20 sen to RM27.20, Petronas Chemical substances rose six sen to RM10.26 and PPB gained 4 sen to RM17.32.

On the broader market, Harrisons jumped 35 sen to RM5.23, BLD Plantation rose 19 sen to RM9.20 and Full Logistic added 17 sen to RM4.48.

Malaysian Pacific Industries tumbled 74 sen to RM32.34, Heineken Malaysia misplaced 36 sen to RM24.34 and Transocean fell 26 sen to RM2.56.

In the meantime, the ringgit was quoted at 4.2327, down 0.05% in opposition to the US greenback.

US West Texas Intermediate crude rose US$3.25 to US$97.54 and Brent added US$3.48 to US$101.96 per barrel.


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