KUALA LUMPUR: The FBM KLCI closed in the red on Tuesday, dragged down by losses in Axiata Group Bhd
and Digi.Com Bhd as lingering global trade concerns saw investors staying on the sidelines.
At 5pm, the 30-stock index was down marginally by 0.82 of-a-point to 1,812.76. The benchmark index opened 0.83 of-a-point easier at 1,812.75.
Turnover was at 2.41 billion shares valued at RM2.01bil. Gainers thumped losers by 492 to 398, while 400 counters were unchanged.
In today’s session, 13 of the KLCI-component stocks were traded lower while 13 counters advanced and four counters remained unchanged.
Axiata, which has a 3.76% weightage on the FBM KLCI, dragged the index down by 0.8689 points. Digi has a weightage of 3.21% dragged the index down by 0.7448 points. Axiata and Digi ended six sen lower each to RM4.65 and 4.63 respectively.
Maybank fell three sen to RM9.99, Dialog shed four sen to RM3.43 while Petronas Dagangan fell four sen to RM27.
Of top losers on Bursa Malaysia, Hong Leong Industries fell 26 sen to RM11.18, Heineken lost 24 sen to RM21.36 and United Plantations declined 18 sen to RM26.80.
Bursa Malaysia and its subsidiaries will be closed on Monday (Sept 10) and Tuesday (Sept 11) in conjunction with the Yang di-Pertuan Agong’s Birthday Anniversary and Awal Muharram celebrations. It will resume on Wednesday, Sept 12.
Meanwhile, the ringgit depreciated 0.3% to 4.1395 against the US dollar. The benchmark 10-year bond yields rose 6.2 basis points to 4.089%.
Elsewhere in the region, China stocks snap 5-day losing streak to end higher. The Shanghai Composite index closed up 1.1%, at 2,720.73 while the blue-chip CSI300 index ended 1.27% higher at 3,363.90.
Hong Kong’s Hang Seng index ended 0.94% higher at 27,973.34, Japan’s Nikkei 225 ended 0.1% lower at 22,696.90 and South Korea’s Kospi closed 0.38% higher at 2,315.72.
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