Selling Pressures Leads to Sharp Fall in FBM KLCI

Bursa Malaysia closed the Tuesday morning trading session in red, with the benchmark FBM KLCI dived 20.81 points to 1,385.19 from Friday’s closing, 1,406.00.

The sharp fall of KLCI by 1.48 per cent was due to continuous selling pressure following the dissolution of the Malaysian Parliament.

The market breadth was overwhelmingly negative with decliners outweighed gainers 742 to 142, while 267 counters were unchanged. Trading volume and value were registered at 1.34 billion units and RM835.26 million, respectively.

Some of top decliners for the morning session were Nestle Malaysia, MPI, KL-Kepong, Dutch Lady Milk, Carlsberg Malaysia, PETRONAS Gas.

Previous articleSouthern Cable Aims RM100 Mil Sales to US in FY2023
Next articleUrbancubes Develops PropCubes To Manage Industrial Parks


Please enter your comment!
Please enter your name here