Kuala Lumpur, Aug 19 (Friday) – Bursa Malaysia dipped in red today with the barometer index, FBM KLCI shed 12.18 points or -0.80% to 1,504.44. The index was dragged by profit-taking of heavyweights which was in line with the regional equities market performance. Most Asian stock markets closed almost flattish, or less than +/-0.06% as Fed’s hawkish comments weighed on risk appetite. Also there is a lack of major economic data or events that limits market participants’ decision to move the markets on Friday. Finally, the market participants are also waiting for the central bank of China, PBOC for more stimulus action for the sagging economy. Next week’s Federal Reserve conference at Jackson Hole also keep the market participants toeing the line.
** The FTSE BM KLCI opened at 1,516.82. The index fluctuated between 1,504.27– 1,519.68.
** 395 counters are gainers, 449 counters are unchanged, while 426 counters are losers.
** Total volume of 2,109,006,300 shares changed hands; while Turnover of RM 1,532,707,688
** The Top 5 Gainers: MPI (34.48, +2.40) ; ALLIANZ-PA (13.60, +0.58) ; HEIM (25.18, +0.58) ; F&N (23.10, +0.38) ; BKAWAN (24.30, +0.22)
** The Top 5 Losers: NESTLE (135.00, -1.10) ; PANAMY (26.62, -0.38) ; PETDAG (22.66, -0.36) ; PPB (16.86, -0.28) ; CHINTEK (8.80, -0.25)
** The Top 5 Most Active Stocks: AGMO (0.81, +0.025) ; JAKS (0.31, +0.035) ; TOPGLOV (0.87, +0.005); HSI-HB9 (0.25, +0.005) ; HARTA (1.81, +0.01)
* Singapore’s Straits Times Index (STI) ceded 28.33 points or -0.87% to 3,245.15 ; Hong Kong’s HSI up 9.12 points or +0.05% at 19,773.03; Japan’s Nikkei 225 Index dropped 11.81 points or -0.04% at 28,930.30 ; Korea’s KOSPI Index down 15.36 points or -0.61% at 2,492.69 ; Shanghai’s SSE Index declined 19.47 points or -0.59% at 3,258.08 ; Australia’s S&P/ASX 200 rose 1.70 points or +0.02% at 7,114.50
