FBM KLCI closes lower on profit-taking

  • Markets
  • Monday, 18 Sep 2023

KUALA LUMPUR: The FBM KLCI finished lower on profit-taking following recent gains, echoing regional equity performances.

The 30-stock index ended down 1.04 points, or 0.07% at 1,457.99.

There were 498 stocks in decline and 468 in positive territory while 396 were unchanged. Turnover stood at 3.38 billion units valued at RM2.12bil.

Rapid, the top loser on Bursa Malaysia, plunged RM4.08, or 16.94% to RM20 with 219,600 shares traded.

Kuala Lumpur Kepong eased RM1.84 to RM21.48, PMB Technology lost 22 sen to RM3.19 and Sunmow fell 25 sen to RM1.15.

Among the gainers, PETRONAS Dagangan jumped 50 sen to RM23.16, Hextar Technologies rose 36 sen to RM24.36 and Apollo Food climbed 31 sen to RM5.45.

On the forex market, the ringgit was down 0.2% against the greenback to 4.6923. The local unit rose 0.14% against the pound sterling to 5.8134 and 0.11% against the Singapore dollar to 3.440.

In Asia, MSCI's broadest index of Asia-Pacific shares ex-Japan fell 0.9%. Japan's Nikkei is closed for a public holiday.

Hong Kong's Hang Seng Index declined 1.4% to 17,930.55 while South Korea’s Kospi closed down 1.02% at 2,574.72.

China's CSI 300 Index ended 0.5% higher at 3,727.71, while the Shanghai Composite Index edged up 0.26% to 3,125.93.

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Bursa Malaysia , FBM KLCI , KLCI


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