Kuala Lumpur, July 19 – Bursa Malaysia ended marginally lower on Tuesday with the bell-weathered index FBM KLCI shrank 0.05% or -0.78 points with the closing at 1,428.76. The overall market breadth was negative with decliners outnumbers gainers. Trading volume remained anemic as market participants are staying on the sideline. Meanwhile, Asian stock markets are trading mostly lower, tracking the negative cues from Wall Street overnight, as investors are worried over the economic outlook ahead of next week’s Federal Reserve meeting. The market sentiment remains somewhat gloomy amidst supply and demand concerns as the new wave of COVID infections in China.
** The FTSE BM KLCI opened at 1,428.69. The index fluctuated between 1,417.16– 1,430.86.
** 330 counters are gainers, 399 counters are unchanged, while 431 counters are losers.
** Total volume of 1,730,914,500 shares changed hands; while Turnover of RM 1,317,942,426
** The Top 5 Gainers: MPI (29.00, +0.40) ; BKAWAN (22.00, +0.20) ; HAPSENG (7.43, +0.20) ; CARLSBG (22.34, +0.18) ; GENP (6.64, +0.16)
** The Top 5 Losers: PETDAG (22.80, -0.60) ; CARZO (1.41, -0.41) ; CHINTEK (8.48, -0.22) ; FFB-CM (0.045, -0.205) ; BAT (10.30, -0.20)
** The Top 5 Most Active Stocks: MTRONIC (0.085, UNCHANGED) ; HSI-CJA (0.24, -0.035) ; HIBISCS (0.84, -0.05); MTRONIC-WB (0.16, -0.05) ; MYEG (0.77, -0.035)
** Singapore’s Straits Times Index (STI) dropped 0.89 points or -0.03% to 3,120.87; Hong Kong’s HSI dropped 185.12 points or -0.89% at 20,661.06; Japan’s Nikkei 225 climbed 173.21 points or +0.65% at 26,961.68; Korea’s Kospi Index down 4.28 points or -0.18% at 2,370.97; Shanghai’s SSE Index up 1.33 points or -0.04% at 3,279.43; Australia’s All Ordinaries index down 35 points or -0.51% at 6,853.00.
