KUALA LUMPUR: Bursa Malaysia ended the holiday-shortened week mixed, with the key index declining 0.19 per cent due to profit-taking activities following yesterday’s solid performance, an analyst said.
At 5 pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) dropped 2.97 points to 1,522.76 from 1,525.73 at yesterday’s close.
The index, which opened 0.57 of-a-point higher at 1,526.30, moved between 1,518.82 and 1,526.80 throughout the day.
Meanwhile, overall market breadth was positive with gainers outpacing losers 553 to 324, while 397 counters were unchanged, 932 untraded, and 23 others suspended.
Total turnover improved to 2.43 billion units worth RM1.65 billion from 2.05 billion units valued at RM1.62 billion recorded yesterday.
Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said key regional markets, meanwhile, closed broadly higher, shrugging off the technology sell-down on Wall Street.
"Investors are awaiting for the latest update on the recovering US jobs market data which will be released later on Friday.
"With the market volatility heightened again, we reckon regional and local markets to be similarly affected," he told Bernama.
Regionally, Singapore’s Straits Times Index rose 0.44 per cent to 3,330.73, Japan's Nikkei 225 expanded 0.73 per cent to 27,439.99, and Hong Kong's Hang Seng Index strengthened 3.24 per cent to 24,573.29.
Among the heavyweights, IOI Corp shed 15 sen to RM3.74, Maybank dropped six sen to RM8.26, Tenaga Nasional weakened 11 sen to RM9.11, and MR DIY lost eight sen to RM3.51.
Of the actives, Dagang Nexchange
advanced three sen to RM1.01, SMTrack gained one sen to 17.5 sen, and Hibiscus Petroleum added nine sen to RM1.09. = Bernama
At 5 pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) dropped 2.97 points to 1,522.76 from 1,525.73 at yesterday’s close.
The index, which opened 0.57 of-a-point higher at 1,526.30, moved between 1,518.82 and 1,526.80 throughout the day.
Meanwhile, overall market breadth was positive with gainers outpacing losers 553 to 324, while 397 counters were unchanged, 932 untraded, and 23 others suspended.
Total turnover improved to 2.43 billion units worth RM1.65 billion from 2.05 billion units valued at RM1.62 billion recorded yesterday.
Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said key regional markets, meanwhile, closed broadly higher, shrugging off the technology sell-down on Wall Street.
"Investors are awaiting for the latest update on the recovering US jobs market data which will be released later on Friday.
"With the market volatility heightened again, we reckon regional and local markets to be similarly affected," he told Bernama.
Regionally, Singapore’s Straits Times Index rose 0.44 per cent to 3,330.73, Japan's Nikkei 225 expanded 0.73 per cent to 27,439.99, and Hong Kong's Hang Seng Index strengthened 3.24 per cent to 24,573.29.
Among the heavyweights, IOI Corp shed 15 sen to RM3.74, Maybank dropped six sen to RM8.26, Tenaga Nasional weakened 11 sen to RM9.11, and MR DIY lost eight sen to RM3.51.
Of the actives, Dagang Nexchange
advanced three sen to RM1.01, SMTrack gained one sen to 17.5 sen, and Hibiscus Petroleum added nine sen to RM1.09. = Bernama
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