Bursa pares losses but remains broadly lower

  • Markets
  • Monday, 29 Nov 2021

KUALA LUMPUR: The FBM KLC pared losses as it entered midday with glove stocks helping to shore up the index, which had been pressured lower on concerns over global lockdowns resulting from the spread of a new Covid-19 variant.

At 12.30pm, the benchmark index was down 2.11 points to 1,510.11 with sharp declines in commodity plays Press Metal and Petronas Chemicals.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Bursa Malaysia , FBM KLCI , equities


Next In Business News

Kimlun unit bags construction contract worth RM237.63mil
US private payrolls beat expectations in May
Ringgit marginally lower amid economic uncertainties
Westports replaces Inari as FBM KLCI constituent
Bursa Malaysia ends lower on sluggish momentum
Bursa Malaysia closed on June 5 for King's birthday
Meta Bright proposes diversification into leasing of machineries, equipment
Velesto Energy secures RM50mil well-drilling contract
Heng Huat Resources changes name to HHRG
Oil rises on potential US rate hike pause, debt bill passing

Others Also Read