Bursa tracks global equities lower headed into Easter weekend

  • Markets
  • Friday, 15 Apr 2022

KUALA LUMPUR: The FBM KLCI maintained a downward trajevtory over the morning session as profit-taking continued following a sell-off on Wall Street overnight.

At 12.30pm the benchmark index was down 4.44 points to 1,591.26 amid a negative market breath of 429 decliners to 262 gainers.

Leading decliners on the market included Sime Darby Plantation falling 21 sen to RM5.09 and IHH dropping eight sen to RM6.44.

Maybank slipped three sen to RM8.80, CIMB shed three sen to RM5.10 and Hong Leong Bank lost four sen to RM20.68.

Among actives, Datasonic gained 3.5 sen to 53 sen, KGroup was flat at one sen and Tanco was down eight sen to 35.5 sen.

Most Asian markets were also weighed down by the selling in US markets.

Japan's Nikkei slid 0.3%, South Korea's Kospi fell 0.7%, China's composite index dropped 0.6%.

Meanwhile, the Hong Kong and Australia stock exchanges were closed for Good Friday.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 0
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Bursa Malaysia , FBM KLCI , equities


Next In Business News

Sunway Dora achieves 89% take-up rate
SC expects capital market to stabilise in 2H23
Govt to complete subsidised diesel control system draft by 2H23: Ahmad Maslan
Infomina bags RM23.9mil purchase order from Philippines National Bank
Asian FX tumbles after turmoil in global banking system returns
Vietnam's VPBank completes US$1.5bil stake sale to Japan's Sumitomo Mitsui
Sundra Rajoo returns to helms AIAC
First Citizens to buy Silicon Valley Bank, FDIC says
Bursa Malaysia enhances Main Market listing requirements
SC continuously searching for ways to address adequacy of retirement savings

Others Also Read