Kuala Lumpur, Apr 27 –Bursa Malaysia closed broadly lower on Wednesday amidst thin trading and negative market breadth. Profit-taking was seen in selected heavyweights and plantation plays. On the stock markets in Asia Pacific region, most were ended in negative territory. Japan’s Nikkei 225 and ASX’s All Ordinaries were the biggest laggards. Factors that dampen investors’ sentiment are mixed corporate earnings, surging inflationary pressures globally, China’s latest COVID-19 outbreak, and the prospect of aggressive U.S. Fed’s monetary policy all pointing to a deteriorating economic outlook.
** the FTSE BM KLCI dropped 10.70 points or -0.67% at 1,585.98 .
** The FTSE BM KLCI opened at 1,591.65 . The index fluctuated between 1,585.17 – 1,593.34.
** 300 counters are gainers, 425 counters are unchanged, while 645 counters are losers.
** Total volume of 2,212,640,800 recorded; while Turnover of RM1,896,487,902 .
** The Top 5 Gainers :DIN045801028 (104.00, +1.79) ; HSI-HEJ (1.87, +0.35) ; MYCRON-WA (0.65, +0.245) ; TEXCHEM (2.78, +0.22) ; SP500-H11 (1.15, +0.19)
** The Top 5 Losers : FANG-2XL (7.86, -0.70) ; BKAWAN (28.52, -0.54) ; MPI (30.50, -0.50) ; UTDPLT (16.60, -0.30) ; PCHEM (9.92, -0.30)
** The Top 5 Most Active Stocks : CHEETAH (0.205, +0.03) ; VIZIONE (0.105, +0.01) ; TECHNAX (0.11, UNCHANGED) ; VIZIONE-WE (0.02, +0.005) ; DNEX (1.02, UNCHANGED)
** Singapore’s Straits Times Index (STI) down 2.23 points or -0.07%% to 3,319.82 ; Hong Kong’s HSI up 11.65 points or +0.085% at 19,946.36; Japan’s Nikkei 225 bled 313.48 points or -1.17% at 26,386.63; and Korea’s KOSPI dropped 29.25 points or -1.10% to 2,639.06; Shanghai’s SSE Index rose 71.86 points or 2.49% at 2,958.28; Australia’s All Ordinaries shed 57.00 points or +0.75% to 7,547.00
