Kuala Lumpur, May 23 – FBM KLCI closed slightly lower today, obviously selling pressure is on the index futures around 1556 point level. It is expected that the bell-weathered index to range-bound ahead pending for fresh new leads e.g. corporate results as well as inflation rate. While the stock markets in Asia closed mixed, mostly closed on the weaker side as investors worry over inflationary pressure and rising interest rates would hamper the global economic outlook and China’s COVID-19 situation weighed on sentiment. MSCI’s broadest index of Asia-Pacific shares outside Japan shed 0.3% as the region’s major markets traded in the red. Meanwhile, oil rose and gold extended its recent gains.
** The FTSE BM KLCI shed 6.59 points or -0.43% at 1,542.53 .
** The FTSE BM KLCI opened at 1,553.15 . The index fluctuated between 1,480.92 – 1,618.54.
** 355 counters are gainers, 433 counters are unchanged, while 546 counters are losers.
** Total volume of 3,379,166,600 recorded; while Turnover of RM1,880,338,197.
** The Top 5 Gainers : NESTLE (134.20, +0.60) ; HEIM (25.00, +0.52) ; CARLSBG (22.14, +0.30) ; QUALITY (1.32, +0.30) ; PIE (2.98, +0.21)
** The Top 5 Losers : KLK (26.42, -0.43) ; HLFG (19.18, -0.32) ; IOICORP (4.08, -0.32) ; PETGAS (16.48, -0.32) ; GENP (8.30, -0.32)
** The Top 5 Most Active Stocks : SAPNRG (0.085, 0.015) ; SERBADK (0.11, -0.025) ; KNM (0.195, -0.005) ; SAPNRG – WA (0.055, +0.015) ; HSI-CQW (0.215, -0.045)
** Singapore’s Straits Times Index (STI) dropped 21.06 points or -0.65% to 3,219.52 ; Hong Kong’s HSI shed 247.18 points or -1.19% at 20,470.06 ; Japan’s Nikkei 225 climbed 262.49 points or +0.98% at 27,001.52 ; and Korea’s KOSPI up 8.09 points or +0.31% to 2,647.38 ; Shanghai’s SSE Index rose 0.29 points or +0.009% at 3,146.76; Australia’s All Ordinaries up 7.90 points or +0.11% to 7,398.90
