Kuala Lumpur, May 27 – The KLCI finished the week with a positive note by ended up 0.36% tracking the performance of the other markets in the region. Asian equities markets have rebounded strongly, taking positive cues from the performance of Wall Street overnight, with technology and energy stocks boosting the markets. Hong Kong’s HSI jumped almost 3%, lifted mainly by tech index. Alibaba, Baidu, Tencent, Meituan rebounded strongly. Australia’s All Ordinaries Index closed almost 1% higher, recouping the losses in the previous session. Major miners such as Rio Tinto, Mineral Resources and BHP Group, OZ Minerals and Fortescue Metals were on bullish note. However, concerns remain about inflation pressure, economic growth outlook and the ongoing war.
** The FTSE BM KLCI inched up 5.61 points or +0.36% at 1,546.76 .
** The FTSE BM KLCI opened at 1,540.70. The index fluctuated between 1,531.56 – 1,541.99 .
** 400 counters are gainers, 411 counters are unchanged, while 535 counters are losers.
** Total volume of 2,779,954,700 shares changed hands; while Turnover of RM2,008,890,736.
** The Top 5 Gainers : F&N (21.10, +0.40) ; CANONE (3.70, +0.40) ; HLFG (19.48, +0.22) ; PETGAS (16.70, +0.22) ; HS-CJO (1.04, +0.175)
** The Top 5 Losers : AJI (12.94, -0.76) ; MISC (7.01, -0.36) ; HEIM (24.78, -0.34) ; HSI-HEB (1.80, -0.31) ; NESTLE (134.10, -0.30)
** The Top 5 Most Active Stocks : HSI-HA7 (0.21, -0.11) ; CNERGEN (0.625, -0.05) ; SAPNRG (0.08, +0.005) ; TAWIN (0.115, -0.01) ; DNEX (1.01, -0.03)
** Singapore’s Straits Times Index (STI) up 21.41 points or +0.67% to 3,230.59 ; Hong Kong’s HSI jumped 581.16 points or +2.89% at 20,697.36 ; Japan’s Nikkei 225 climbed 176.84 points or +0.66% at 26,781.68 ; and Korea’s KOSPI rose 25.60 points or +0.98% to 2,638.05 ; Shanghai’s SSE Index up 7.13 points or +0.23% at 3,130.24 ; Australia’s All Ordinaries advanced 73.80 points or +1.01% to 7,413.10.
