KUALA LUMPUR: The FBM KLCI closed lower on Tuesday, in line with regional market trends, reflecting a day of mixed activity with more decliners than gainers.
At 5pm, the 30-stock index declined 0.83 of a point, or 0.05% to 1,608.43 after moving between its intraday high of 1,615.96 and low of 1,605.43.
In the broader market, losers outnumbered gainers 602 to 413, with almost three billion shares worth RM2.54bil changing hands.
Among the decliners, Dutch Lady
tumbled 98 sen to RM28.62, Malaysian Pacific Industries lost 40 sen to RM25.40, Hong Leong Financial Group fell 38 sen to RM18.10 and BLD Plantation declined 26 sen to RM10.36.
United Plantations rose 50 sen to RM29.66, PIE Industrial added 35 sen to RM5.77, F&N gained 30 sen to RM29.02 and Genting Plantations climbed 28 sen to RM5.79.
Meanwhile, stock market data showed that foreign investors sold a net RM104mil on Monday. Local institutions and retailers were net buyers, with RM66mil and RM39mil, respectively.
On the forex market, the ringgit was down 0.63% against the greenback to 4.4382.
The local currency increased by 0.15% against the pound sterling to 5.6816 and declined by 0.07% against the Singapore dollar to 3.3162.
On the external front, Japan’s Nikkei 225 declined 0.4% to 39,376.09 while South Korea’s Kospi lost 1.94% to 2,482.57.
Hong Kong's Hang Seng closed 2.8% lower at 19,846, China’s Shanghai Composite closed down 1.39% at 3,421.97 and CSI 300 Index fell 1.1% to 4,085.74.
