KLCI tumbles 14.09 points, 730 stocks in the red

KUALA LUMPUR: Bursa Malaysia bucked the uptrend seen in the regional bourse to end lower as investors stayed on the sidelines ahead of the gross domestic product (GDP) data this week.

The FBM KLCI closed down 14.09 points, or 0.95% to 1,476.380, with 25 of the component stocks closing in negative territory.

The broader market sagged, with decliners overtaking advancers 730 to 302 while 359 counters were unchanged. Turnover pushed up to 5.24 billion units worth RM3.03bil.

Among the FBM KLCI component stocks, Nestle shed 50 sen to RM135.10, PETRONAS Dagangan lost 44 sen to RM22.06, Hong Leong Bank eased 30 sen to RM20.18 and Hong Leong Financial Group declined 20 sen to RM18.30.

Maxis rose eight sen to RM4.10, Digi added four sen to RM4.22, Sime Darby Plantation gained two sen to RM4.45 and Axiata climbed two sen to RM3.03.

On the broader market, F&N jumped RM1 to RM26, Panasonic Manufacturing gained 54 sen to RM23.50 and PMB Technology rose 38 sen to RM4.

Hextar Technologies fell 80 sen to RM28.20, BAT lost 28 sen to RM12.60 and MyEG eased 25.5 sen to 70 sen.

Elsewhere in the region, Japan’s Nikkei 225 fell 0.03%, Hong Kong’s Hang Seng Index rose 0.36%, South Korea’s Kospi gained 2.36% and China’s CSI 300 index added 0.18%.

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Bursa Malaysia , KLCI , FBM KLCI


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