KUALA LUMPUR: Bursa Malaysia finished higher for the second consecutive day on Tuesday, but sellers still dominated amid mixed regional markets.
At the close, the FBM KLCI rose 5.43 points or 0.33% to 1,641.97, recovering from an intraday low of 1,636.89.
In the broader market, losers outnumbered gainers 558 to 508, with 2.9 billion shares worth RM2.8bil changing hands.
In today’s session, 17 of the FBM KLCI component stocks recorded gains, while 10 counters ended lower.
Stock market data showed that foreign investors sold a net RM65mil worth of equities on Monday, while local institutions and retailers were net buyers, with RM55mil and RM10mil, respectively.
Nestle, the biggest gainer on Bursa Malaysia, surged RM3.50 to RM106. Eurospan jumped 33 sen to RM2.06, Carlsberg gained 22 sen to RM19.86 and Fraser & Neave climbed 20 sen to RM31.20.
Among the decliners, PETRONAS Dagangan slid 20 sen to RM18.12, YTL Power lost 18 sen to RM3.54, PPB Group shed 16 sen to RM14.26 and YTL declined 15 sen to RM2.23.
ACE Market debutant Northeast Group was the most actively traded stock on Bursa Malaysia, with 153.1 million shares traded. The stock added 0.5 sen to reach 50.5 sen.
Meanwhile, the ringgit was quoted at 4.3105, down 0.31% against the US dollar.
The local currency was down 0.16% against the euro at 4.7039. It fell 0.5% against the pound sterling at 5.6375 and declined 0.16% against the Singapore dollar at 3.2940.
Elsewhere in the region, Japan’s Nikkei 225 rose 0.77%, Hong Kong’s Hang Seng Index tumbled 3.67% and South Korea’s Kospi rose 0.4%.
China’s CSI300 Index closed down 2.66% while Shanghai Composite Index fell 2.53%.
