2:54 PM
Unknown
The FBM KLCI retreated at the midday break today in line with the profit taking at most regional markets.
At 12.30pm, the FBM KLCI fell 5.50 points to 1,692.43. The index had earlier risen to its intra-morning high of 1,706.08. 3 Days Free Trial Signals
Losers outpaced gainers by 469 to 214, while 344 counters traded
unchanged. Volume was 1.15 billion shares valued at RM907.60 million.
The top losers included British American Tobacco (M) Bhd, Genting
Bhd, Ta Ann Resources Bhd, Hartalega Holdings Bhd, Gadang Holdings Bhd,
Top Glove Corporation Bhd, Latitude Tree Holdings Bhd, Nestle (M) Bhd
and Can-One Bhd.
The actives included Chin Hin Group Bhd, AirAsia X Bhd, XOX Bhd,
AirAsia Bhd, Bumi Armada Bhd, Sumatec Reources Bhd and APFT Bhd.
The top gainers included Carlsberg Brewery (M) Holdings Bhd, Chin
Hin, Amway (M) Holdings Bhd, Kuala Lumpur Kepong Bhd, Aturmaju Holdings
Bhd, Ann Joo Resources Bhd and My E.G. Services Bhd.
Asian shares fell on Tuesday as investors took profits after a
month-long rally and investors grew wary of the market's near-term
prospects ahead of major central bank meetings, according to Reuters.
Led by China, MSCI's broadest index of Asia-Pacific shares outside
Japan fell more than a percent. Japan's Nikkei and South Korea's KOSPI
fell more than a percent each, it said.
BIMB Securities Research said that in Asia, key indices closed mixed
yesterday with rally in China as investors focused on the country’s
plans to prop up the slowing economy while Japanese market ended
negative on profits taking.
“Back home, the FBMKLCI closed higher, added 5.44 points or 0.32% to
1,697.93, lifted by heavyweights such as Genting, Maybank and YTL.
“Trading participation saw net buying by foreign institutions and local retail while local institutions were net sellers.
“We expect the local market trend sideways due to lack of fresh catalysts with the index to hover around 1,695-1,700,” it said.
Posts
