Kuala Lumpur, June 30 – Bursa Malaysia closed slightly lower on Thursday as the barometer index is expected to whipsaw in tight range due to lack of buying support and fresh new leads. Market breadth remained negative with decliners outnumbered gainers meanwhile trading volume was thin. Investors’ mood shall remain wary on external factors given the uncertainties on global economic prospects. The US economy recorded a worse-than-expected contraction in the last quarter – this has pushed the Asian indices to close in red today except Shanghai’s SSE. Japan’s Nikkei225 has tumbled on mixed Industrial Production data. Hong Kong’s HSI dropped mainly because of profit-taking before the SAR Establishment Day holiday tomorrow. It is notable that Japan’s indices underperformed on account of mixed Industrial Production data: the monthly Industrial Production figure -7.2%, extremely lower vs. -0.3% estimated and the prior release of -1.5%.
** The FTSE BM KLCI ceded 7.26 points or -0.50% at 1,444.22
** The FTSE BM KLCI opened at 1,455.50. The index fluctuated between 1,449.02– 1,460.30.
** 327 counters are gainers, 396 counters are unchanged, while 521 counters are losers.
** Total volume of 2,265,269,750 shares changed hands; while Turnover of RM 1,972,407,469
** The Top 5 Gainers: BLDPLNT (9.01, +0.39) ; AEONCR (13.80, +0.30) ; DIN040000223 (101.50, +0.30) ; GENP (6.45, +0.16) ; PPB (15.86, +0.16)
** The Top 5 Losers: NESTLE (132.60, -0.70) ; KLK (21.94, -0.50) ; PETDAG (21.12, -0.30) ; HENGYUAN (4.85, -0.18) ; SOP (4.01, -0.18)
** The Top 5 Most Active Stocks: TOPGLOV (1.04, -0.03) ; CYPARK (0.345, -0.035) ; HSI-CQW (0.29, -0.03) ; HSI-HB5 (0.15, -0.005) ; REACH (0.055, UNCHANGED )
** Singapore’s Straits Times Index (STI) down 23.38 points or -0.75% to 3,111.49; Hong Kong’s HSI ceded 137.10 points or -0.62% at 21,859.70 ; Japan’s Nikkei 225 dived 411.56 points or -1.54% at 26,393.04 ; Korea’s Kospi Index shed 45.35 points or -1.91% at 2,332.64 ; Shanghai’s SSE Index rose 37.10 points or +1.10% at 3,398.62 ; Australia’s All Ordinaries index dropped 131.40 points or -1.91% at 6,746.50.
