Kuala Lumpur, Apr 14 – KLCI reversed its earlier gains in the first half of the trading day and ended marginally lower at the end of trading session despite of the corporate reporting earnings in US. A mildly negative market breadth as losers slightly outnumbered gainers. Most of the equities markets in the Asia Pacific region were firmer as those indices tracked the firmer Wall Street amid cautious optimism. On China’s soon-to-announce monetary policy: To soften the impact on the economy by lockdowns to curb the COVID-19 outbreak, it is expected that People’s Bank of China to cut the one-year policy loans interest rate on Friday, and might also lower the reserve requirement ratio.
** The FTSE BM KLCI down 1.48 points or -0.09 % at 1,595.70 .
** The FTSE BM KLCI opened at 1,601.10 . The index fluctuated between 1,597.01 – 1,602.38
** 445 counters are gainers, 440 counters are unchanged, while 465 counters are losers.
** Total volume of 3,323,710,100 recorded; while Turnover of RM1,999,285,096 .
** The Top 5 Gainers :IHS046000824 (102.50, +1.00) ; MPI (33.20, +0.66) ; RAPID (11.38, +0.26) ; FANG-2XL (10.52, +0.26) ; F&N (22.66, +0.20)
** The Top 5 Losers : LPI (13.94, -0.24) ; HLCAP (6.25, -0.23) ; KLK (27.06, -0.20) ; BLDPLNT (9.00, -0.20) ; NESTLE (133.50, -0.20)
** The Top 5 Most Active Stocks : KGROUP (0.01, UNCHANGED) ; PERMAJU (0.085, UMCHANGED) ; PPJACK (0.525, +0.04) ; MNC (0.035, -0.005) ; SAPNRG (0.04, +0.005)
** Singapore’s Straits Times Index (STI) dropped 2.68 points or -0.68% to 3,339.54 ; Hong Kong’s HSI up 143.71 points or +0.67% at 21,518.08; Japan’s Nikkei 225 surged 328.51 points or 1.22% at 27,172.00; and Korea’s KOSPI climbed +0.22 points or +0.0081% to 2,716.71; Shanghai’s SSE Index rose 38.82 points or 1.22% at 3,225.64; Australia’s All Ordinaries up 50.20 points or 0.65% to 7,822.20
