Kuala Lumpur, June 1 – Reversing the gain of yesterday, FBM KLCI ended in red on Wednesday. Profit-taking on heavyweights like Hartalega, PetDag, PetGas, Petronas Chemicals, IHH, Nestle, Maybank and Public Bank dragged to bell-weathered index. The movement of the index on a southerly manner tracking the broadly negative cues of overnight performance of Wall Street. Over to other stock markets in Asia, Asian stocks closed mixed today as investors remain cautious amidst worries over high inflation, rate hikes, release of key data and corporate earnings season. Meanwhile, US Federal Reserve governor Waller expressed that his preference on 50 basis-point-hike at every meeting until inflation is tamed.
** The FTSE BM KLCI shed 16.69 points or -1.06% at 1,553.41.
** The FTSE BM KLCI opened at 1,563.40. The index fluctuated between 1,553.68 – 1,563.89.
** 508 counters are gainers, 405 counters are unchanged, while 450 counters are losers.
** Total volume of 2,571,142,730 shares changed hands; while Turnover of RM2,487,193,721.
** The Top 5 Gainers : FANG-2XL (7.46, +0.96) ; GENTING (5.24, +0.49) ; KLK (26.00, +0.44) ; CARLSBG (22.50, +0.40) ; BKAWAN (27.26, +0.20)
** The Top 5 Losers : NESTLE (133.40, -1.40) ; DIN045801028 (101.50, -1.30) ; PETDAG (21.62, -0.94) ; MPI (32.00, -0.84) ; HAPSENG (7.90, -0.40)
** The Top 5 Most Active Stocks : SAPNRG (0.07, -0.015) ; GENTING (5.24, +0.49) ; YONGTAI (0.10, -0.005) ; G3 (0.045, -0.01) ; SERBADK (0.11, +0.01)
** Singapore’s Straits Times Index (STI) up 8.29 points or +0.26% to 3,240.78; Hong Kong’s HSI declined 120.26 points or -0.56% at 21,294.94 ; Japan’s Nikkei 225 rose 178.09 points or +0.65% at 27,457.89 ; Shanghai’s SSE Index shed 4.27 points or -0.13% at 3,182.16 ; Australia’s All Ordinaries up 7.70 points or +0.1% to 7,462.90.
