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Blue chips lost ground in early Wednesday trade, tracking the overnight fall on Wall Street and cautious key Asian markets but Main Market debutant Tuju Setia held firm.
Blue chips advanced in early Monday trade, underpinned by gains in Maybank, Hong Leong Bank and Petronas Dagangan but the broader market continued to be cautious as decliners beat advancers more than two to one.
Bursa Malaysia followed most key Asian markets to close in the red on Tuesday, trekking the overnight tech sell-off on the Wall Street, while declining counters totalled nearly 1,000.
Bursa Malaysia extended its losses early Tuesday with tech and chip makers following the retreat of the Nasdaq on Wall Street while buying interest was curbed as all of Malaysia will come under the MCO from Wednesday.
Bursa Malaysia closed lower on Monday as the undertone of the stock market remained cautious on continued foreign selling and ahead of the first quarter GDP data on Tuesday.
PENANG: ViTrox Corp Bhd expects its performance for the financial year 2021 (FY21) to surpass FY20, as it rides on the growing global demand for machine vision inspection equipment used in the back-end semiconductor and electronics assembly sectors.
The FBM KLCI closed at the day's low on Wednesday, weighed down losses in banks and gloves as buying sentiment remained weak due to the rising Covid-19 numbers and also tracking the downbeat key Asian markets.
KUALA LUMPUR: The FBM KLCI remained under pressure at midday as the implementation of a third movement control order soured market sentiment.
Rising Covid-19 cases and uninspiring Wall Street weighed on investor sentiment on Bursa Malaysia early Wednesday.