Kuala Lumpur, November 21 – Bursa Malaysia closed the Monday trading day in jittery mood, with the FBM KLCI ceded 1.36 point or -0.09% at 1,447.96. Due to the political limbo post 15th general election, the index opened lower at more than 1% and it narrowed its losses during the second half of the trading day.
Meanwhile, the Asian bourses fell on Monday amid growing Covid concerns in China. The rising cases saw the introduction of new lockdown measures in several economic hubs, including Beijing and Shanghai. Also dented mood due to its central bank kept the benchmark lending rates, or loan prime rates, on hold which is in line with expectations.
Hong Kong’s HSI stumbled by 1.87% at the close, leading losses in the wider region, whilst in mainland China, the Shanghai SSE Composite Index shed 0.39% to 3,085.04.
Bucked the regional trend was Japan’s Nikkei 225, it gained 0.16% at 27,944.79 at the close. It was lifted by the Berkshire Hathaway raised its stake in the country’s top trading houses.
** The FTSE BM KLCI opened at 1,434.55. The index fluctuated between 1,427.75 – 1,444.66.
** 378 counters are gainers, 362 counters are unchanged, while 510 counters are decliners.
** Total volume of 4,292,159,000 shares changed hands; while Turnover of RM 2,501,465,874
** The Top 5 Gainers: NESTLE (131.80, +1.60); MPI (26.82, +0.72); UTDPLT (14.60, +0.30); BAT (10.52, +0.28); RAPID (16.00, +0.22)
** The Top 5 Losers: HEIM (23.20, -1.54); CARLSBG (22.00, -1.20); PETDAG (22.16, -0.66); HEXTECH (12.58, -0.54); BLDPLNT (10.36, -0.44)
** The Top 5 Active: ASB (0.16, +0.035); DNEX (0.57, +0.065); MUIIND (0.10, +0.01); EDEN (0.195, 0.025); MASTEEL-WB (0.165, +0.08)
* Singapore’s Straits Times Index (STI) shed 26.41 points or -0.81% to 3,245.82; Hong Kong’s HSI ceded 336.63 points or -1.87% at 17,655.01; Japan’s Nikkei 225 Index climbed 45.02 points or +0.16% at 27,944.79; Shanghai’s SSE Composite Index dropped 12.20 points or -0.39% at 3,085.04; Korea’s Kospi Index down 24.98 points or -1.02% at 2,419.50; Australia’s S&P/ASX 200 Index dropped 12.50 points or -0.17% at 7,139.30.
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