Kuala Lumpur, June 27 (Monday) – Despite the strong rally of its peers, Bursa Malaysia closed in range-bound, the barometer index rose marginally by a mere 0.10% on Monday. All Asian stocks extended their strong rebound today, building on the positive momentum of last Friday’s closing and Wall Street performance too. The off-peak oil prices ameliorated the negative sentiment earlier last week and is seen as tempering the inflationary pressure or fears. The rally could also be explained by China’s further eased COVID curbs. The best performer, Hong Kong’s HSI buoyed by tech, consumer staples, and aviation sectors. Japan’s Nikkei 225 was also surged by 1.43%, mainly lifted by the gains in the Power, Transportation Equipment and Precision Instruments sectors led shares higher.
** The FTSE BM KLCI up 1.42 points or +0.10 % at 1,438.12.
** The FTSE BM KLCI opened at 1,438.82. The index fluctuated between 1,431.65– 1,441.03.
** 546 counters are gainers, 393 counters are unchanged, while 365 counters are losers.
** Total volume of 2,658,012,900 shares changed hands; while Turnover of RM 1,436,583,988
** The Top 5 Gainers: MPI (29.18, +1.18) ; NESTLE (133.50, +0.90) ; HENGYUAN (4.87, +0.35) ; HLBANK (20.48, +0.32) ; PANAMY (26.70, +0.30)
** The Top 5 Losers: HEIM (23.92, -0.36) ; HSI-HE3 (0.82, -0.33) ; SP500-H13 (2.52, -0.32) ; HSI-HEJ (0.905, -0.245) ; SP500-H11 (1.11, -0.23)
** The Top 5 Most Active Stocks: GPACKET (0.065, UNCHANGED) ; REACH (0.08, -0.005) ; DNEX (0.795, +0.03); HSI-HB5 (0.16, -0.07) ; SAPNRG (0.045, UNCHANGED)
** Singapore’s Straits Times Index (STI) crept up 27.24 points or +0.88% to 3,138.89 ; Hong Kong’s HSI jumped 510.46 points or +2.35% at 22,229.52 ; Japan’s Nikkei 225 surged 379.30 points or +1.43% at 26,871.27 ; Korea’s Kospi Index up 35.32 points or +1.49% at 2,401.92 ; Shanghai’s SSE Index rose 29.44 points or +0.88% at 3,379.19 ; Australia’s All Ordinaries index surged 131.20 points or +1.94% at 6,893.60.
