FBM KLCI Remained Softer Amidst Lack of Catalysts

Bursa Malaysia ended the Monday morning trading session softer with the benchmark index FBM KLCI dropped 5.11 points or -0.34% at 1,491.70.

The KLCI was trended southward, pressured by profit-taking on selected heavyweights, amidst a mixed performance of regional peers.

At 9:00 am, the main index opened at 1,494.81 vis-a-vis Friday’s close of 1,495.03

During the morning trading session, the index was traded in the range of 1,489.36 – 1,496.05.

Market breadth was negative, with decliners outnumbered gainers 423 versus 330, while 388 counters were unchanged.

Meanwhile, trading volume was registered at 2.32 billion units with total value of RM937.84 million.

Top five active counters for the morning session were Sapura Energy, Wellspire Holdings, Velesto Energy, Serba Dinamik, Eduspec Holdings.

Top five gainers were Heineken Malaysia, Ajinomoto Malaysia, Hextar Technologies Solutions, Batu Kawan, Carlsberg Brewery Malaysia.

Whilst top five decliners were Kuala Lumpur- Kepong, Hong Leong Financial Group, Malaysian Pacific Industries, HL Bank, Malaysia Airports Holdings.

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