FTSE BM KLCI Up 4.95 Lifted by Bargain Hunting

Kuala Lumpur, Feb 14 – Malaysian shares ended higher on Monday despite all key regional markets in Asia were ended in red. This is due to bargain-hunting of banking stocks, energy stocks and some heavyweights. The overnight US stocks and Asian stock markets today ended sharply lower due to Russia-Ukraine concerns compounded with the inflationary concerns in the US.

** Bursa Malaysia inched higher on Monday, the FTSE BM KLCI up 4.95 points or +0.31% to 1,583.84.

** The FTSE BM KLCI opened at 1,576.99. The index fluctuated between 1,575.10 – 1,585.08.

** 386 counters are gainers, 376 counters are unchanged, while 598 counters are losers.

** Total volume of 3,175,481,000 shares changed hands; while Turnover of RM2,489,877,802.

** The Top 5 Gainers : PMBTECH-WA (16.52 , +0.40) ; PMBTECH-LA (19.30, +0.30) ; PETDAG (20.90, +0.30); HLBANK (20.26, +0.26) ; CARLSBG (20.12, +0.26)

** The Top 5 Losers : MPI (37.62, -1.38); FANG-2XL (11.90, -1.32) ; SAM (22.50, -1.00) ; KESM (11.08, -0.62) ; F&N (23.80, -0.38)

** The Top 5 Most Active Stocks : SMTRACK (0.205, +0.01) ; KNM (0.18, -0.005); DNEX (1.15, +0.06) ; AHB (0.215, 0.055) ; HIBISCS (1.13, +0.04)

** Singapore’s Straits Times Index (STI) declined 13.78 or -0.4% to 3,415.17 ; Hong Kong’s Hang Seng Index down 350.07 points or -1.41% at 24,556.57;  Japan’s Nikkei 225 dropped 616.49 or -2.23% at 27,079.59, and Korea’s KOSPI inched down by 43.07 points or -0.98% to 2,862.68;  Shanghai’s SSE Composite Index down 34.07 points or -0.98% to 3,428.88

Previous articleSunway Property Launches Campaign In Conjunction With High Growth Locations
Next articleIndia’s Move To Cut CPO Imports Likely To Stir Interest In Plantation Stocks

LEAVE A REPLY

Please enter your comment!
Please enter your name here