Kuala Lumpur, June 2 – Bursa Malaysia finished marginally lower on Thursday with the FBM KLCI now just consolidates beneath the 1,555-point plateau amid thin trading volume. Worries of slowing global economy coupled with hawkish stance of most central banks continue to haunt Asian stock markets. In addition to that, the trade-negative news from China adds weigh on the risk-off sentiment. It was reported that Asian equities continued to witness foreign outflows for a fifth consecutive month in May, hit by concerns over monetary tightening measures by major central banks and supply chain disruptions due to strict lockdowns in China.
** The FTSE BM KLCI down 3.51 points or > -0.23% at 1,549.90.
** The FTSE BM KLCI opened at 1,554.72. The index fluctuated between 1,546.29 – 1,555.54.
** 423 counters are gainers, 383 counters are unchanged, while 481 counters are losers.
** Total volume of 2,489,154,500 shares changed hands; while Turnover of RM 1,898,887,058.
** The Top 5 Gainers : PETDAG (22.50, +0.88) ; MPI (32.40, +0.40) ; F&N (20.00, +0.38) ; AEONCR (14.88, +0.28) ; DKSH (4.55, +0.21)
** The Top 5 Losers : PPB (16.40, -0.20) ; BAT (12.20, -0.16) ; GENP (7.37, -0.15) ; HAPSENG (7.75, -0.15) ; BURSA (6.62, -0.14)
** The Top 5 Most Active Stocks : SAPNRG (0.06, -0.01) ; MNC (0.015, -0.005) ; TOPGLOV (1.26, -0.11) ; HSI-CQW (0.275, -0.025) ; WIDAD (0.36, UNCHANGED)
** Singapore’s Straits Times Index (STI) ceded 16.17 points or -0.5% to 3,227.83 ; Hong Kong’s HSI dropped 212.81 points or -1.0% at 21,082.13 ; Japan’s Nikkei 225 ceded 44.01 points or -0.16% at 27,413.88 ; Korea’s Kospi Index down 26.91 points or -1.0% at 2,658.99 ; Shanghai’s SSE Index climbed 13.30 points or +0.42% at 3,195.46 ; Australia’s All Ordinaries declined 62.10 points or +0.83% to 7,400.80.
