FBM KLCI pares loss, stays in negative zone

  • Markets
  • Wednesday, 27 Sep 2023

KUALA LUMPUR: The FBM KLCI pared some of its losses, but stayed in the negative zone, weighed by banking and Petronas-linked counters.

At 5pm, the 30-stock index fell 5.44 points, or 0.38% to 1,440.11.

Losers outpaced gainers by 572 to 341, while 442 counters traded unchanged. Volume was 2.9 billion shares valued at RM1.94bil.

In terms of fund flows, foreign investors and retailers were net buyers on Tuesday acquiring equities worth RM91mil and RM15mil respectively.

Local institutions emerged as net sellers, offloading equities valued at RM107mil.

Hextar Technologies slid 80 sen to RM24.40, Heineken fell 50 sen to RM24.10, SAM Engineering eased 20 sen to RM4.32 and PETRONAS Dagangan lost 18 sen to RM22.70.

Nestle rose 40 sen to RM129, Aeon Credit added 36 sen to RM11.80, KESM gained 30 sen to RM7.60 and Allianz climbed eight sen to RM16.08.

Around the region, MSCI's Asia ex-Japan stock index was higher by 0.1%.

Japan’s Nikkei 225 closed 0.18% higher at 32,371.90 while South Korea’s Kospi closed up 0.08%, at 2,465.07.

Hong Kong’s Hang Seng index advanced 0.83%, at 17,611.87 and China’s CSI 300 index gained 0.21% to 3,700.50.

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Bursa Malaysia , FBM KLCI , KLCI


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