Kuala Lumpur, January 10 – Bursa Malaysia ended in a downbeat note on Tuesday with the benchmark index, FBM KLCI regressed 8.29 points or -0.56% at 1,485.13. The performance of local bourse was in line with that of the regional peers as investors remain on a mildly jittery mood.
Meanwhile, Most Asian bourses fell on Tuesday as a pullback from recent rally fueled by China’s reopening. Market participants are taking a more cautious stance ahead of Federal Reserve Chair Powell address. Also in focus for this week is US consumer inflation data for December, which is anticipated to soften in price pressures.
Hong Kong’s Hang Seng Index took a breather today, with the index knocked 0.27% off to 21,331.46; whilst China’s Shanghai SSE Composite index shrank 0.21% to 3,169.51. The HSI is at its six-month high. Losses were capped for both indexes as technology stocks which put much weightage on the indices were defensive on reports that Beijing will cease its regulation crusade against the country’s biggest internet firms.
** The FTSE BM KLCI opened at 1,490.40. The index fluctuated between 1,480.37 – 1,491.22.
** 368 counters are gainers, 436 counters are unchanged, while 472 counters are decliners.
** Total volume of 3.191 billion shares changed hands; while Turnover of RM 1.91 billion
** The Top 5 Gainers: FANG-2XL (4.83, +0.28); F&N (22.14, +0.22); ALLIANZ-PA (14.80, +0.20); TEXCYCL (0.625, +0.19); HEIM (24.92, +0.18)
** The Top 5 Losers: NESTLE (137.50, -2.00); IMASPRO (5.34, -0.41); HEXTECH (28.88, -0.40); AJI (13.80, -0.36); HLFG (18.58, -0.28)
** The Top 5 Active: HONGSENG-WB (0.015, -0.005); ZENTECH-OR (0.01, 0.00); L&PBHD (0.58, +0.01); CYPARK (0.70, +0.045); TOPGLOV (0.85, -0.02)
Singapore’s Straits Times Index (STI) slid 41.40 points or -1.25% to 3,264.27; Hong Kong’s HSI shed 56.88 points or -0.27% at 21,331.46; Japan’s Nikkei 225 index climbed 201.71 points or +0.78% at 26,175.56; Shanghai’s SSE Composite Index declined 6.58 points or -0.21% at 3,169.51; Korea’s Kospi Index up 1.12 points or +0.05% at 2,351.31; Australia’s S&P/ASX 200 Index dropped 20.30 points or -0.28% at 7,131.
