Kuala Lumpur, Mar 11 –Bursa Malaysia closed broadly lower on Friday, trading volume was thin as investors were staying on the risk-off mood due to the failed peace talk. Most of the major equities markets in Asia extended a global slump after peace talk of a ceasefire between Ukraine-Russia hit the wall and the red-hot U.S. inflation rate recorded in four decades fueled expectations for hawkish rate hikes. On the other hand, Chinese equity markets rebounded from early losses on regulatory assurance over U.S.-listed mainland firms.
** Bursa Malaysia closed lower on Friday before the weekends, the FTSE BM KLCI shed 12.31 points or -0.78% at 1,568.22.
** The FTSE BM KLCI opened at 1,575.14 . The index fluctuated between 1,560.63 – 1,575.14.
** 450 counters are gainers, 413 counters are unchanged, while 449 counters are losers.
** Total volume of 2,419,008,600 shares changed; while Turnover of RM2,270,436,388 .
** The Top 5 Gainers : NESTLE (136.20, +0.70); IGBB-PB (2.88, +0.66); HLFG (19.64, +0.40) ; BJFOOD (3.29, +0.23) ; GENETEC (2.10, +0.22)
** The Top 5 Losers : MPI (32.04, -1.02) ; F&N (21.62, -0.52) ; HEIM (21.26, -0.50) ; AEONCR (13.40, -0.40) ; PPB (16.80, -0.38)
** The Top 5 Most Active Stocks : DNEX (0.995, -0.005) ; SMTRACK (0.095, -0.005) ; HIBISCS (1.18, -0.02) ; HSI-CQV (0.155, -0.015) ; MYEG (0.975, +0.04)
** Singapore’s Straits Times Index (STI) rose 5.41 points or +0.17% to 3,246.14 ; Hong Kong’s HSI dropped 336.47 points or -1.61% at 20,553.79; Japan’s Nikkei 225 declined 527.62 or -2.05% at 25,162.78; and Korea’s KOSPI shed 19.04 points or -0.71% to 2,661.28; Shanghai Stock Exchange rose 13.65 points or 0.41% at 3,309.75; Australia’s All Ordinaries down 71.60 points or -0.97% to 7,339.30
