Kuala Lumpur, Mar 14 –Bursa Malaysia ended in negative territory on Monday with thin trading and amid selling pressure. Indices of industrial products and services, plantation headed south. All major equities markets of Asia, except Japan and Australia, ended in deep red following the broadly negative cues from Wall Street on last Friday, amid rising worries about the economic impact of the ongoing Russian invasion of Ukraine and the various sanctions imposed on Russia. It is notable that the HSI nosedived and dipped below 20,000 for first time since 2016. This is due to renewed fears of the Covid-19 epidemic in China. The COVID resurgence in China and its lockdown in Shenzhen have brought a sell-off in the Chinese equities.
** Bursa Malaysia closed slightly lower on Monday, the FTSE BM KLCI down 0.78 or -0.05% at 1,567.44 .
** The FTSE BM KLCI opened at 1,570.70 . The index fluctuated between 1,556.10 – 1,572.60.
** 317 counters are gainers, 368 counters are unchanged, while 637 counters are losers.
** Total volume of 2,518,990,200 shares changed hands; while Turnover of RM 2,223,168,621 .
** The Top 5 Gainers :NESTLE (136.90, +0.70) ; IGBB-PB (3.27, +0.39) ; HSI-HMZ (1.76, +0.39) ; HARTA (4.63, +0.33) ; HSI-HM3 (1.20, +0.32)
** The Top 5 Losers : MPI (31.10, -0.94) ; F&N (21.00, -0.62) ; SOP (5.69, -0.46) ; PMBTECH-WA (14.78, -0.42) ; PMBTECH (18.06, -0.40)
** The Top 5 Most Active Stocks : VELESTO (0.105, -0.005) ; HIBISCS (1.11, -0.07) ; FITTERS (0.165, -0.005) ; HSI-CQ2 (0.165, -0.09) ; DNEX (0.98, -0.015)
** Singapore’s Straits Times Index (STI) dropped 20.82 points or -0.64% to 3,228.84 ; Hong Kong’s HSI Index nosedived 1,022.13 points or -4.97% at 19,531.66; Japan’s Nikkei 225 rose 145.07 or 0.58% at 25,307.85; and Korea’s KOSPI dropped 15.63 points or -0.59% to 2,645/65; Shanghai Stock Exchange shed 86.21 points or -2.60% at 3,223.53; Australia’s All Ordinaries climbed 82.90 points or +1.13% to 7,422.20
