Bursa Malaysia snaps six-day winning streak to end lower

  • Markets
  • Thursday, 30 Dec 2021

KUALA LUMPUR: Bursa Malaysia snapped a six-day winning streak to close lower on Thursday, taking cues from the mixed global market performance amid moderate profit-taking activities.

As at 5 pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) dipped 1.43 points to end at 1,543.61 compared with 1,545.04 yesterday.

The index opened 0.31 of-a-point weaker at 1,544.73 this morning, went through choppy trading throughout the day, and moved between 1,539.57 and1,547.75.

On the broader market, gainers led losers 448 to 408 while 436 counters were unchanged, 1,019 untraded, and 53 others suspended.

Turnover fell to 2.24 billion units valued at RM1.51 billion from Wednesday’s 2.41 billion units valued at RM1.83 billion.

Key regional indices were mostly in the red following a mixed Wall Street overnight.

Japan’s Nikkei 225 lost 0.40 per cent to 28,791.71, South Korea’s KOSPI fell 0.52 per cent to 2,977.65 and Singapore’s Strait Times Index was down 0.36 per cent to 3,126.64, but Hong Kong’s Hang Seng rose 0.11 per cent to 23,112.01.

Among the heavyweights, Petronas Chemicals erased 10 sen to RM8.79, Public Bank lost four sen to RM4.15, Hong Leong Bank fell 24 sen to RM18.44, and Maybank was three sen lower at RM8.30.

Of the actives, SMTrack added two sen to 17.5 sen, AT Systematization lost half-a-sen to three sen, XOX and DGB were flat at three sen respectively, while NWP advanced one sen to 25 sen.

On the index board, the FBM Emas Shariah Index increased 25.88 points to 12,080.11, the FBM 70 rose 11.86 points to 14,236.90 while the FBM ACE put on 30.69 points to 6,393.66.

However, the FBM Emas Index was 5.16 points easier at 11,190.05 and the FBMT 100 Index fell 5.65 points to 10,890.29.

Sector-wise, the Financial Services Index slipped 108.52 points to 15,512.53, the Industrial Products and Services Index shed 0.48 of-a-point to 201.60, but the Plantation Index perked up 43.70 points to 6,588.48.

The Main Market volume narrowed to 1.23 billion shares valued at RM1.32 billion versus Wednesday's 1.39 billion shares valued at RM1.6 billion.

Warrants turnover declined to 140.92 million units worth RM18.53 million compared with 168.21 million units worth RM22.1 million yesterday.

However, the ACE Market volume improved to 873.75 million shares valued at RM165.78 million from 840.37 million shares valued at RM211.51 million previously.

Consumer products and services counters accounted for 222.81 million shares traded on the Main Market, industrial products and services (440.25 million), construction (39.37 million), technology (206.97 million), SPAC (nil), financial services (54.92 million), property (67.27 million), plantation (7.85 million), REITs (6.70 million), closed/fund (55,000), energy (63.87 million), healthcare (59.36 million), telecommunications and media (24.21 million), transportation and logistics (25.77 million), and utilities (9.49 million). - Bernama

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights


Next In Business News

Jentayu enters JV for RM78mil GDV condo project
Signature to acquire 23.67% stake in Fiamma for RM180mil
SunREIT net property income jumps 77.4% to RM118.92mil
Bursa Malaysia ends higher for third straight day
Aeon Co. posts jump in 1Q net profit to RM28.07mil
Malaysia Smelting Corp's 1Q net profit jumps to RM64.34mil
KPFB, SIAB ink MoU for JV project with GDV of RM389mil
LBS Bina records net profit of RM30.16mil in 1Q
Petronas Chemicals to acquire speciality chemicals firm Perstorp for RM10.5bil
Al Gore's Generation Investment launches US$1.7bil fund

Others Also Read