FBM KLCI Slid at Mid Day After Wall Street Rout

Bursa Malaysia ended the Monday morning trading session in negative territory with the main index FBM KLCI had slid 5.30 points or 0.37% to 1,419.68, from last Friday’s closing of 1,424.98. 

The current downward movement of FBM KLCI is moving in line with regional bourses which in turn taking the negative cue from Wall Street’s selling pressure last Friday. 

Meanwhile, market breath was overwhelming negative with decliners outweighed gainers 689 to 146, while 293 counters were unchanged, and trading volume was thin.

Trading volume was registered at 1.08 billion units with total value of RM667.14 million.

Some of the top gainers in the morning session were PPB, IHH Healthcare, Nestle Malaysia, Computer Forms Berhad, Toyo Ventures.

Whilst decliners were KL-Kepong, Panasonic Malaysia, Batu Kawan, Chin Tek Plantation, United Plantation, Carlsberg Malaysia.

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