Asian Stocks Remained Flattish Ahead of ECB Meeting

Kuala Lumpur, Sep 6 (Tuesday) – Bursa Malaysia closed marginally lower today with the bell-weathered index FBM KLCI shed 1.53 points or -0.10% to 1,488.27. The KLCI is expected to oscillate in range bound as market participants remain cautious ahead of ECB (European Central Bank) meeting and are keeping a close watch for fallout from Russia’s gas cut. The Asian equities markets generally closed flattish, with the investors are staying on the sideline waiting for release of major economic indicators. the US dollar index (DXY) has turned volatile ahead of the US ISM Services PMI data. Australia’s S&P/ASX 200 shed 0.38% as the Reserve Bank of Australia (RBA) has announced a rate hike by 50 bps consecutively for the fourth time.

** The FTSE BM KLCI opened at 1,492.58. The index fluctuated between 1,489.11 – 1,497.00

** 470 counters are gainers, 424 counters are unchanged, while 348 counters are losers.

** Total volume of 2,190,724,240 shares changed hands; while Turnover of RM 1,654,683,444

** The Top 5 Gainers: MPI (29.50, +0.46); AORB (2.60, +0.30); HARISON (6.00, +0.28); PERSTIM (4.79, +0.27); TAANN (4.13, +0.18)

** The Top 5 Losers: NESTLE (133.10, -1.80); DIN045801028 (102.50, -1.20); DIN040000223 (100.50, -1.00); PPB (16.80, -0.56); BKAWAN (22.96, -0.22)

** The Top 5 Most Active Stocks: MTRONIC (0.075, UNCHANGED) ; MYEG (0.835, +0.025) ; SANICHI (0.025, UNCHANGED) ; JADEM (0.27, -0.02) ; SMI (0.18, -0.075)

* Singapore’s Straits Times Index (STI) rose 18.63 points or +0.58% to 3,234.11 ;  Hong Kong’s HSI declined 22.97 points or -0.12% at 19,202.73 ; Japan’s Nikkei 225 Index up 6.90 points or +0.025% at 27,626.51 ; Korea’s KOSPI Index shed 6.34 points or +0.26% at 2,410.02; Shanghai’s SSE Index up 43.53 points or +1.36% at 3,243.45 ; Australia’s S&P/ASX 200 dropped 25.70 points or -0.38% at 6,826.50.

Previous articleINSP MIHAS To Host Over 1500 Pre-Arranged B2B Meetings Between Malaysian Suppliers And Foreign Buyers
Next articleHSS Engineering Latest Johor Water Treatment Project Brings Its Order Book To RM1.5 Billion

LEAVE A REPLY

Please enter your comment!
Please enter your name here