FTSE BM KLCI Down as Mounted Selling Pressure

Kuala Lumpur, Feb 18 – Malaysian shares ended lower on Friday as the mounted pressure of selling. Most o the major stock markets in Asia slipped on Friday and as gold stood at an eight-month high as safe-heaven after an exchange of fire in eastern Ukraine and renewed U.S. warnings of an imminent Russian invasion. On Wall Street overnight the DJIA down 1.8%, it was the worst session of the year, the S&P 500 fell 2.1% and the Nasdaq dropped 2.9%.

** Bursa Malaysia inched lower on Friday, the FTSE BM KLCI shed 1.97 points or –0.12% to 1,603.05.

** The FTSE BM KLCI opened at 1,601.74. The index fluctuated between 1,599.80 – 1,607.42.

** 477 counters are gainers, 427 counters are unchanged, while 510 counters are losers.

** Total volume of 3,869,098,200 shares changed hands; while Turnover of RM2,989,442,689.

** The Top 5 Gainers : PMBTECH (19.50, +1.56) ; PMBTECH-WA (16.16, +1.40) ; NESTLE (135.90, +1.10) ; PMBTECH-LA (18.90, +0.80); KLK (26.46, +0.66)

** The Top 5 Losers : MPI (35.96, -2.16) ; CARLSBG (21.52, -0.78) ; SAM (22.50, -0.50) ; VITROX (7.78, -0.42) ; PANAMY (28.58, -0.22)

** The Top 5 Most Active Stocks : TAWIN (0.185, +0.03) ; HIBISCS (1.18, +0.04) ; SMTRACK (0.24, UNCHANGED) ; DGB (0.025, UNCHANGED) ; GOCEAN (0.025, UNCHANGED)

** Singapore’s Straits Times Index (STI) shed 11.24 points or -0.33% to 3,430.33 ; Hong Kong’s Hang Seng Index declined 465.06 points or -1.88% at 24,327.71;  Japan’s Nikkei 225 down 110.80 or -0.41% at 27,122.07; and Korea’s KOSPI climbed 0.43 points or 0.016% to 2,744.52;  Shanghai’s SSE Composite Index inched up 22.72 points or 0.66% to 3,490.76.

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