Petronas-linked stocks weigh on KLCI despite Tenaga's gains


KUALA LUMPUR: Petronas-linked stocks dragged the FBM KLCI into the red at the close of trade on Tuesday amid a mixed broader market despite some fund buying of Tenaga Nasional and MISC.

At 5pm, the KLCI was down 0.21 of a point or just 0.01% to 1,558.79 but off the intra-day low of 1,556. Turnover was 2.41 billion shares valued at RM1.71bil. There were 428 gainers, 381 losers and 419 counters unchanged.

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

FBM KLCI open lower as investors book profits
Trading ideas: Al-'Aqar REIT, Pantech, AirAsia X, Inta Bina, Khee San, Infoline, Heineken, Agricore
Capital A to dispose of 100% stake in AirAsia Aviation Group, AirAsia for RM6.8bil
Eupe fourth-quarter profit rises 29%
Meta projects higher spending, weaker revenue
Buyout proposal for Anglo American could reshape copper market
A test bed for airline subscription model
Pantech seeks to list steel pipe units
AI memory boom propels SK Hynix’s numbers
Battery stocks’ rally in India likely to extend

Others Also Read