Kuala Lumpur, April 4 –Bursa Malaysia inched lower on Monday when the KLCI whipsawed around 1,600 point level with investors tiptoeing with cautious mood as the optimism over the reopening subsided gradually. On the major Asian equities markets, all ended in positive territory on Monday caused by rally in Hong Kong. HSI Index leaped by 2% today spurred by regulatory removal of key hurdle that impeded full U.S. access to audits. However, it is expected that the Asian equities markets shall remain in coming days amid talk of yet more sanctions against Russia. Treasuries continues to sound the risk of hard landing, with the prospect of sharp interest-rate hikes to fight inflation by Fed is high.
** FTSE BM KLCI shed 3.49 points or -0.22 % at 1,598.92 .
** The FTSE BM KLCI opened at 1,602.03 . The index fluctuated between 1,594.77 – 1,602.32.
** 617 counters are gainers, 419 counters are unchanged, while 355 counters are losers.
** Total volume of 3,383,411,000 shares changed hands; while Turnover of RM2,060,310,142.
** The Top 5 Gainers : PMBTECH (18.62, +1.20) ; NESTLE (137.00, +1.10) ; PMBTECH-WA (15.40, +0.90) ; KLK (25.86, +0.56) ; COMPLET (4.58, +0.44)
** The Top 5 Losers :HSI-HA3 (1.27, -0.30) ; HEIM (22.10, -0.28) ; HLBANK (20.20, -0.22) ; HSI-HA2 (0.715, -0.175) ; HSI-HA9 (0.945, -0.165)
** The Top 5 Most Active Stocks : MTRONIC (0.02, UNCHANGED) ; PPJACK (0.46, +0.065) ; VC (0.12, +0.02) ; KNM (0.185, +0.005) ; SIAB (0.255, +0.035)
** Singapore’s Straits Times Index (STI) ended slightly higher 1.26 points or +0.04% to 3,420.37 ; Hong Kong’s HSI Index leaped 462.76 points or +2.01% at 22,502.31; Japan’s Nikkei 225 climbed 70.49 points or +0.25% at 27,736.47; and Korea’s KOSPI up 18.05 points or +0.66% to 2,757.90; Shanghai’s stock market is closed today for public holiday; Australia’s All Ordinaries up 33 points or +0.42% to 7,818.90.
