Trading volume on Bursa near three billion shares


For the month, the FBM KLCI is down 3.18% and year-to-date, it is down 8.02%.

KUALA LUMPUR: Bursa Malaysia saw nearly three billion shares done on Friday amid a firmer broader market, but the FBM KLCI closed slightly lower, weighed down by profit taking of CIMB and IHH Healthcare.

At 5pm, the KLCI was down 3.08 points or 0.17% to 1,779.90. Turnover was 2.97 billion shares valued at RM2.26bil. There were 455 gainers, 361 losers and 445 counters unchanged.

The ringgit rose 0.33% to the US dollar to 4.1968 but slipped against the other key currencies. It slipped 0.18% to the pound sterling at 5.5128, lost 0.23% to the Singapore dollar at 3.1360 and skidded 0.52% to the euro ar 5.0619.

On the external front, Hong Kong stocks rose on Friday, helped by expectations China's economic growth will remain solid, but they were still down for the week as investors who worried about North Korea tread warily, Reuters reported.

US light crude oil fell 26 cents to US$48.83 but Brent rose 10 cents to US$54.59. Petronas Dagangan fell 26 sen to RM24.22, Petronas Gas shed two sen to RM18.18 but Petronas Chemicals added five sen to RM7.45. Lotte Chemical Titan rose 

16 sen to RM5.51.

Refiner Henyuan lost 15 sen to RM7.74 while Petron shed eight sen to RM9.40.

Crude palm oil for third-month delivery shed RM3 to RM2,779 per tonne. Among the plantations, United Plantations was the top loser, down 46 sen to RM27.70 and Sungai Bagan lost 15 sen to RM3.09. 

As for the bigger cap stocks, KL Kepong added 12 sen to RM24.74, PPB Group rose eight sen to RM16.82 while Sime Darby added four sen to RM9.07 but IOI Corp shed one sen to RM4.55.

CIMB fell 15 sen to RM6.76 and erased 2.31 points from the KLCI, reversing from its rebound the previous day. RHB Bank shed five sen to RM5, AmBank two sen lower at RM4.29, Public Bank gained two sen to RM20.60 while Hong Leong Bank 

advanced 16 sen to RM15.64. Maybank gained 11 sen to RM9.60 and powered the KLCI 1.98 points.

However, IHH Healthcare fell 12 sen to RM5.86 and erased 1.68 points from the KLCI, Genting Malaysia lost nine sen to RM5.86 and Genting Bhd was down two sen to RM9.96.

AirAsia rose to a near record high of RM3.35, up 13 sen ahead of its dividend going ex on Sept 13.

As for telcos, Telekom shed one sen to RM6.40, Axiata was unchanged at RM5.09, Digi eked out one sen to RM4.88 while Maxis added two sen to RM5.79

Sino Huaan, jumped 5.5 sen to 23.5 sen with 313.39 million shares, resuming its upward trend after the turnaround in its financial results. CSL was flat at six sen.

PUC Founder was unchanged at 14 sen, Mlab shed two sen to 14 sen while Palette gained 1.5 sen to 23.5 sen and its warrants three sen higer at 19 sen.

Dutch Lady was the top gainer, up 48 sen to RM59.10, Heineken added 20 sen to RM19.50. BAT fell 42 sen to RM44.18, Nestle 34 sen to RM84.42 and Ajinomoto 20 sen lower at RM19.16.

Among the key regional markets,

Japan’s Nikkei 225 fell 0.63% to 19,274.82;

Hong Kong’s Hang Seng Index rose 0.53% to 27,668.47;

CSI 300 shed 0.1% to 3,825.99;

Shanghai’s Composite Index shed 0.01% to 3,365.24;

Hang Seng China Enterprise rose 0.46% to 11,249.64;

Taiwan’s Taiex ros e0.68% to 10,609.95;

South Korea’s Kospi shed 0.11% to 2,343.72 and

Singapore’s Straits Times Index rose 0.02% to 3,228.56.

Spot gold rose US$2.61 per troy ounce.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Wall St set to open higher on tech boost, PCE data
US inflation rises in line with expectations in March
Gamuda Land announces retail partners for Gamuda Gardens
YNH reaffirms bondholders with remedied technical defaults
Ringgit ends firmer against US dollar
KPJ Healthcare partners with Trustr for AI-driven healthcare solutions
Homeritz stays positive amid economic challenges
Unisem expects performance boost amid semiconductor recovery
Gadang wins RM280mil data centre contract
S P Setia unveils Casaville single-storey bungalows in Setia EcoHill, Semenyih

Others Also Read