Kuala Lumpur, Apr 26 – Bursa Malaysia closed in positive territory on Tuesday bargain hunting, KLCI was lifted by selected heavyweights and defensive plays. On the performance of Asia Pacific region’s stock markets closed mostly higher as investors were bargain hunting after the recent sharp sell-off while remaining cautious amid lingering concerns about slowing economic growth in China amid lockdowns and also the outlook for aggressive tightening ahead of the Fed’s monetary policy meeting. The ASX was the worst performer today, ended sharply lower, fueled by weakness in materials and energy stocks amid tumbling commodity prices.
** The FTSE BM KLCI climbed 6.70 points or +0.42% at 1,596.68 .
** The FTSE BM KLCI opened at 1,599.72. The index fluctuated between 1,592.47 – 1,602.69.
** 506 counters are gainers, 455 counters are unchanged, while 393 counters are losers.
** Total volume of 2,250,202,700 shares changed hands; while Turnover of RM 1,922,592,693 .
** The Top 5 Gainers : F&N (22.86, +1.24) ; NESTLE (133.40, +0.90) ; AEONCR (15.36, +0.28) ; HLFG (19.50, +0.22) ; TM (4.99, +0.20)
** The Top 5 Losers : PMBTECH-WA (15.00, -0.20) ; SOP (6.48, -0.18) ; PMBTECH (18.18, -0.18) ; HSPLANT (3.19, -0.16) ; HSI-HM3 (0.835, -0.16)
** The Top 5 Most Active Stocks : TECHNAX (0.11, UNCHANGED) ; MNC (0.025, -0.005) ; HSI-HM2 (0.07, -0.12) ; YONGTAI (0.105, UNCHANGED) ; WIDAD (0.36, +0.005)
** Singapore’s Straits Times Index (STI) shed 8.84 points or -0.26% to 3,330.85 ; Hong Kong’s HSI up 65.37 points or +0.33% at 19,934.71; Japan’s Nikkei 225 climbed 109.33 points or +0.41% at 26,700.11 ; and Korea’s KOSPI rose 11.18 points or +0.42% to 2,668.31; Shanghai’s SSE Index dropped 42.09 points or -1.44% at 2,886.43; Australia’s All Ordinaries Index dipped 164.20 points or -2.11% to 7,604.00
