Kuala Lumpur, December 15 – Bursa Malaysia retreated in red on Thursday with the benchmark index FBM KLCI declined 16.04 points or -1.08% at 1,467.13.
All of Asian bourses tumbled after the U.S. Federal Reserve raised its benchmark interest rate by 50 basis points to the highest level in 15 years. In addition to that, Fed is adamant on its hawkish rhetoric despite easing inflation. Investors remain to be cautious with the anticipation of central bank meetings in Europe and the UK also kept sentiment cautious.
Hong Kong’s Hang Seng index declined 1.55%, whilst China’s SSE Composite Index down 0.25% as official data showed retail sales shrank far more than expected, while industrial production disappointed. It is noteworthy that China’s annual Central Economic Work Conference will be held behind doors for two days until Friday.
** The FTSE BM KLCI opened at 1,481.78. The index fluctuated between 1,466.25 – 1,482.11.
** 308 counters are gainers, 402 counters are unchanged, while 584 counters are decliners.
** Total volume of 2.535 billion shares changed hands; while Turnover of RM 1.906 billion
** The Top 5 Gainers: HEXTECH (14.60, +0.88); AJI (12.84, +0.84); KEINHIN (1.67, +0.38); SP500-H13 (1.39, +0.20); RVIEW (3.79, +0.19)
** The Top 5 Losers: HEIM (25.20, -0.50); TM (5.10, -0.30); BURSA-C70 (0.065, -0.285); KOTRA (6.41, -0.22); YTL-C52 (0.03, -0.22)
** The Top 5 Active: ASB (0.19, +0.015); PTRB (0.575, +0.065); NYLEX (0.28, +0.065); HSI-CJ5 (0.155, -0.045); TOPGLOV (0.735, -0.05)
Singapore’s Straits Times Index (STI) ceded 6.46 points or -0.2% to 3,272.11; Hong Kong’s HSI tumbled 304.86 points or -1.55% at 19,368.59; Japan’s Nikkei 225 Index shed 104.51 points or -0.37% at 28,051.70; Shanghai’s SSE Composite Index down 7.88 point or -0.25% at 3,168.65; Korea’s Kospi Index dropped 38.28 points or -1.6% at 2,360.97; Australia’s S&P/ASX 200 Index ceded 46.50 points or -0.64% at 7,204.80.
