Kuala Lumpur, June 21 – Bursa Malaysia closed higher, ended the losing streaks of the past week on Tuesday with the bell-weathered index inched up 1.15%, in line with the performance of regional bourses. The index was lifted by the dip-buying of the heavyweights or the defensive plays. The second largest economy has shown some signs of reversal in the downside trend of the aggregate demand as oil imports from Russia have jumped significantly. The Chinese economy has recorded a 55% increase in the oil imports in May. Several factors that may boost the Asian equities markets as majority of the indices closed higher today, tracking the footprints of S&P500 futures, also on dip-buying as well as the signs of reversal shown by Chinese economy.
** The FTSE BM KLCI climbed 16.64 points or +1.15 % at 1,457.88.
** The FTSE BM KLCI opened at 1,443.30. The index fluctuated between 1,443.26– 1,455.43.
** 687 counters are gainers, 331 counters are unchanged, while 308 counters are losers.
** Total volume of 2,795,328,210 shares changed hands; while Turnover of RM 1,866,852,143
** The Top 5 Gainers: NESTLE (134.50, +2.90) ; PETDAG (21.06, +1.16) ; PPB (15.84, +0.48) ; PETRONM (5.83, +0.38) ; HENGYUAN (4.70, +0.36)
** The Top 5 Losers: DIN045801028 (102.00, -0.50) ; HEIM (23.42, -0.34) ; ECOWLD-C15 (0.035, -0.215) ; AMWAY (5.02, -0.18) ; F&N (19.74, -0.16)
** The Top 5 Most Active Stocks: DNEX (0.80, +0.035) ; TOPGLOV (1.08, +0.095) ; SFPTECH (0.695, +0.025) ; HSI-HA8 (0.15, -0.08) ; YONGTAI (0.09, UNCHANGED)
** Singapore’s Straits Times Index (STI) rose 22.95 points or +0.74% to 3,119.35; Hong Kong’s HSI advanced 395.68 points or +1.87% at 21,559.59 ; Japan’s Nikkei 225 jumped 475.09 points or +1.84% at 26,246,31; Korea’s Kospi Index up 17.90 points or +0.75% at 2,408.93 ; Shanghai’s SSE Index down 8.71 points or -0.26% at 3,306.72 ; Australia’s All Ordinaries index rose 91.30 points or +1.38% at 6,700.80.
