Kuala Lumpur, July 25 – Bursa Malaysia edged midly higher on Monday’s closing with the bell-weathered index FBM KLCI up 3.42 points or +0.23% at 1,469.22. The KLCI was lifted by the dip-buying of the selected heavyweights. Whilst, The market breadth of the overall market was positive with gainers outpaced losers. The scheduled FOMC meeting is going to be held on 27 and 28 July, this week and this has sent the Asian stock markets closed in cautious mood as traders remained cautious and chose to take some profits ahead of monetary policy decision by the U.S. Federal Reserve, which is widely expected to raise interest rates by at least 75 basis points as part of its ongoing efforts to combat elevated inflation.
** The FTSE BM KLCI opened at 1,463.78. The index fluctuated between 1,461.28– 1,466.42.
** 300 counters are gainers, 398 counters are unchanged, while 530 counters are losers.
** Total volume of 2,014,599,600 shares changed hands; while Turnover of RM 1,119,170,996
** The Top 5 Gainers: CHINHIN (4.39, +0.29) ; F&N (21.02, +0.22) ; HLFG (18.90, +0.20) ; PETGAS (17.00, +0.20) ; BAT (10.80, +0.18)
** The Top 5 Losers: MPI (30.24, -0.56) ; FANG-2XL (7.21, -0.27) ; VITROX (7.14, -0.26) ; PANAMY (26.36, -0.24) ; HLIND (8.76, -0.22)
** The Top 5 Most Active Stocks: MTRONIC-WB (0.04, -0.01) ; DOLPHIN (0.03, -0.015) ; TOPGLOV (0.995, UNCHANGED); MYEG (0.74, -0.03) ; HSI-HB5 (0.075, -0.055)
* Singapore’s Straits Times Index (STI) rose 0.59 points or +0.02% to 3,181.93 ; Hong Kong’s HSI ceded 46.20 points or -0.22% at 20,562.94 ; Japan’s Nikkei 225 slid 215.41 points or -0.77% at 27, 699.25 ; Korea’s Kospi Index up 10.55 points or +0.44% at 2,403.69; Shanghai’s SSE Index dropped 19.59 points or -0.60% at 3,250.39; Australia’s All Ordinaries index eased 5.40 points or -0.08% at 7,006.40.
