Kuala Lumpur, Apr 5 –Bursa Malaysia inched lower on Tuesday with profit-taking as the CI continued to whipsaw. The overnight US equities surged as Elon Musk’s Twitter announcement sent its shares 27% higher, with Tesla rallying by over 5.0%. HK and Mainland China stock markets were closed for holiday. The other major equities markets in the region were traded most flattish, as the holiday in HK and China has set for a quiet day, also increasing anxiety over China’s COVID condition. Over to the Australian market, as the expectation of pre-RBA announcement of a zero probability of a rate hike, has sent All Ordinaries ended higher, the rally was also helped along by the recovery in oil prices.
** The FTSE BM KLCI shed 2.13 points or -0.13% at 1,596.79 .
** The FTSE BM KLCI opened at 1,601.66 . The index fluctuated between 1,594.41 – 1,601.68.
** 653 counters are gainers, 416 counters are unchanged, while 308 counters are lose
** Total volume of 3,873,701,300 recorded; while Turnover of RM2,365,454,644 .
** The Top 5 Gainers :TOCEAN (2.75, +0.63) ; MPI (37.12, +0.60) ; SIMEPLT-C8 (0.67, +0.52) ; LITRAK (4.55, +0.52) ; PMBTECH-LA (18.48, +0.38)
** The Top 5 Losers : NESTLE (134.80, -2.20) ; AEONCR (15.30, -0.40) ; PMBTECH (18.26, -0.36) ; BIPORT (5.00, -0.15) ; CHHB (1.30, -0.12)
** The Top 5 Most Active Stocks : KNM (0.19, +0.005) ; DNEX (1.11, +0.08) ; TWL (0.085, +0.005) ; TECHNAX (0.085, +0.005) ; MTRONIC (0.015, -0.005)
** Singapore’s Straits Times Index (STI) rose 26.44 points or +0.77% to 3,443.41 ; Hong Kong and Shanghai stock markets are closed for holiday; Japan’s Nikkei 225 climbed 51.51 points or 0.19% at 27,787.98; and Korea’s KOSPI up 1.30 points or +0.047% to 2,759.20 ; Australia’s All Ordinaries up 14.30 points or 0.18% to 7,833.20.
