Kuala Lumpur, December 13 – Bursa Malaysia closed in negative territory on Tuesday with the benchmark index FBM KLCI ceded 4.26 points or -0.29% at 1,470.12. The main index moved lower, as the investors are staying on sidelines amidst cautious sentiment coupled with a lack of buying catalysts.
The newly-listed ITMAX System made an impressive first day of its listing, with its share price gained almost 29% to close at RM1.38
Meanwhile, Asian bourses ended in mixed as some were tracking a strong overnight performance from Wall Street, on the other hand some were dominated by cautious mood as market participants waited for key U.S. inflation data (CPI) and the conclusion of a Federal Reserve meeting for more directions on monetary policy.
As China has further eased the Covid curbs, hence it is expected to bring a recovery in Chinese equities ahead. It is notable that the rollback of restrictions on the movement of men, materials, and machines has brought optimism to the second-largest economy.
** The FTSE BM KLCI opened at 1,476.53. The index fluctuated between 1,469.47– 1,477.29.
** 411 counters are gainers, 388 counters are unchanged, while 485 counters are decliners.
** Total volume of 2.686 billion shares changed hands; while Turnover of RM 1.837 billion
** The Top 5 Gainers: F&N (22.12, +0.52); KOTRA (6.52, +0.47); AJI (11.90, +0.42); ITMAX (1.38, +0.31); TIMECOM (5.20, +0.25)
** The Top 5 Losers: SP500-H13 (1.36, -0.29); PPB (17.56, -0.26); PINEAPP (0.875, -0.225); HLFG (18.40, -0.22); HEXTECH (13.02, -0.18)
** The Top 5 Active: ITMAX (1.38, +0.31); SNS (0.25, +0.025); DATAPRP (0.255, -0.04); ASB (0.17, -0.01); AT (0.015, 0.00)
Singapore’s Straits Times Index (STI) up 28.55 points or +0.88% to 3,268.21; Hong Kong’s HSI gained 132.57 points or +0.68% at 19,596.20; Japan’s Nikkei 225 Index climbed 112.52 points or +0.40% at 27,954.85; Shanghai’s SSE Composite Index down 2.72 points or -0.09% at 3,176.33; Korea’s Kospi Index declined 0.62 point or -0.03% at 2,372.40; Australia’s S&P/ASX 200 Index rose 22.50 points or +0.31% at 7,203.30.
