Kuala Lumpur, July 27 – Bursa Malaysia closed in positive territory on Wednesday as the barometer index FBM KLCI rose 7.02 points or +0.48% to 1,470.71. Asian stocks markets closed mixed, with most ended in the negative territory, continuing a pattern of following the Wall Street main session price action. Big retailer, Walmart gave the warning that inflation is hurting American consumers’ spending power. The retailer’s profit warning is rare and raised concerns about how the highest inflation in 40 years is affecting the entire retail sector. With the FOMC scheduled on 27 and 28 July , Asian markets also appear to be taking some risk off the table.
** The FTSE BM KLCI opened at 1,464.13. The index fluctuated between 1,460.97 – 1,470.96.
** 477 counters are gainers, 391 counters are unchanged, while 351 counters are losers.
** Total volume of 2,187,305,500 shares changed hands; while Turnover of RM 1,361,829,267
** The Top 5 Gainers: NESTLE (134.50, +0.40) ; MPI (30.90, +0.40) ; HLBANK (21.08, +0.40) ; PETDAG (22.80, +0.30) ; PETGAS (16.94, +0.30)
** The Top 5 Losers: PANAMY (26.04, -0.32) ; GENP (6.30, -0.16) ; CEPCO (0.85, -0.125) ; DLADY (32.90, -0.10) ; KESM (7.00, -0.10)
** The Top 5 Most Active Stocks: MTRONIC-WB (0.035, UNCHANGED) ; MTRONIC (0.13, +0.03) ; SAPNRG (0.045, UNCHANGED); SERBADK (0.11, UNCHANGED) ; MYEG (0.745, -0.01)
* Singapore’s Straits Times Index (STI) rose 10.98 points or +0.34% to 3,203.10 ; Hong Kong’s HSI slid 235.84 points or -1.13% at 20,670.04 ; Japan’s Nikkei 225 up 60.64 points or +0.22% at 27, 715.75 ; Korea’s Kospi Index climbed 2.57 points or +0.11% at 2,415.53; Shanghai’s SSE Index shed 1.68 points or -0.05% at 3,275.76; Australia’s All Ordinaries index climbed 12.90 points or +0.18% at 7,038.10.
