Kuala Lumpur, November 23 – Bursa Malaysia ended Wednesday trading day in mildly positive mood, with the FBM KLCI gained 2.21 points or +0.15% at 1,443.50. The benchmark index recovered from days of losing streak and gained its foothold attributed to dip-buying.
Meanwhile, the Asian bourses mostly ended in green with a subpar performance despite solid gains reported by S&P500 on Tuesday. Market participants remain cautious ahead of the release of the Federal Open Market Committee (FOMC) minutes, which are due on Thursday.
Both Hong Kong and Shanghai markets ended in cautiously positive note as the bear factor of rising infections of Covid-19 is battling with the bull factor of the PBOC’s assistance to be injected to the property market as well as the 6 largest banks of China.
** The FTSE BM KLCI opened at 1,431.90. The index fluctuated between 1,431.61 – 1,443.35.
** 388 counters are gainers, 418 counters are unchanged, while 382 counters are decliners.
** Total volume of 2,684, 179, 300 shares changed hands; while Turnover of RM 1,633,298,130
** The Top 5 Gainers: MPI (27.60, +0.80); ECA (0.755, +0.585); NESTLE (130.10, +0.40); HEIM (23.32, +0.30); BKAWAN (21.44, +0.30)
** The Top 5 Losers: HEXTECH (12.32, -0.54); DLADY (31.00, -0.20); HLIND (9.11, -0.18); SP500-H13 (1.51, -0.17); CANSINO-C9 (0.07, -0.155)
** The Top 5 Active: ASB (0.175, -0.005); ECA (0.755, +0.585); EDEN (0.19, +0.015); MUIIND (0.10, 0.00); HSI-CLC (0.27, +0.005)
* Singapore’s Straits Times Index (STI) dropped 4.84 points or -0.15% to 3,254.72; Hong Kong’s HSI gained 99.40 points or +0.57% at 17,523.81; Shanghai’s SSE Composite Index up 7.96 points or +0.26% at 3,096.91; Korea’s Kospi Index climbed 12.74 points or +0.53% at 2,418.01; Australia’s S&P/ASX 200 Index up 50.50 points or +0.70% at 7,231.80.
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