Kuala Lumpur, Aug 2 – Bursa Malaysia closed in negative territory on Tuesday as the barometer index FBM KLCI declined 7.02 points or -0.47% to 1,495.05. Stock markets in the Asian region all dipped in the sea of red except Australia’s ASX 200. Hong Kong’s HSI and Shenzhen’s SSE both slumped more than 2%. HSI was dragged by tech sector. Interestingly, the two sectors performed well in Shenzhen stock market is the military and food, investors were seen as dip-buying at those battered stocks. Investors were anxious of the mounting tensions between the US and China over Nancy Pelosi’s visit to Taiwan. The spokesperson for the Chinese foreign ministry, Zhao Lijian gave the warning that China would take “strong and resolute measures to safeguard its sovereignty and territorial integrity” and its military would never “sit idly by”.
** The FTSE BM KLCI opened at 1,501.33. The index fluctuated between 1,491.20– 1,503.00.
** 228 counters are gainers, 364 counters are unchanged, while 698 counters are losers.
** Total volume of 2,855,384,000 shares changed hands; while Turnover of RM 1,596,970,564
** The Top 5 Gainers: HEIM (23.60, +1.10) ; CARLSBG (22.84, +0.32) ; HSI-HEO (1.37, +0.29) ; HSI-CJL (0.596, +0.225) ; HSI-HEA (1.10, +0.205)
** The Top 5 Losers: MPI (31.52, -0.58) ; KLK (21.96, -0.54) ; MGRC (0.71, -0.30) ; LPI (13.34, -0.30) ; AEONCR (14.06, -0.28)
** The Top 5 Most Active Stocks: CSH (0.055, -0.02) ; PUC (0.03, -0.015) ; MTRONIC (0.10, -0.025); BORNOIL (0.025, UNCHANGED) ; TOPGLOV (0.98, -0.01)
* Singapore’s Straits Times Index (STI) moved sideway -0.09 points or 0% to 3,238.66 ; Hong Kong’s HSI dived 476.63 points or -2.36% at 19,689.21; Japan’s Nikkei 225 slumped 398.62 points or -1.42% at 27,594.73 ; Korea’s Kospi Index down 12.63 points or -0.52% at 2,439.62; Shanghai’s SSE Index ceded 73.69 points or -2.26% at 3,186.27; Australia’s ASX 200 rose 5.10 points or +0.07% at 6,998.10.
