FBM KLCI Eased Lower at Mid Day Plagued by Worries of China Stocks

Bursa Malaysia closed the Tuesday morning session marginally lower, the main index FBM KLCI eased 0.02 point at 1,446.4 compared to Friday’s closing of 1,446.42.

The KLCI was dragged by selling pressure in selected heavyweights.

The main index reversed its earlier gains and fell lower plagued by the worries of China economy as well as Hong Kong’s stock performance. Hang Seng Index plummeted to a 13-year low while the onshore yuan depreciated to a 15-year low.

The market breadth was mildly negative, with losers outpacing gainers 383 to 369, while 356 counters were unchanged.

Trading volume and value were at 1.42 billion units and RM834.95 million, respectively.

Some of the top gainers of the morning session were Riverview Rubber Estates, F&N, Hextar Technologies Solutions, Imaspro, Panasonic Manufacturing.

Whilst top losers were PBB, Aeon Credit, PETRONAS Dagangan, PETRONAS Gas, Kuala Lumpur-Kepong.

Previous articleOracle Invites Customers and Partners To Build on Its Applications Platform
Next articleILB Termination Of Acquisition is Just, Minority Shareholders Still Not Protected

LEAVE A REPLY

Please enter your comment!
Please enter your name here