Bursa Malaysia in negative territory on continued profit-taking


KUALA LUMPUR: Bursa Malaysia ended the day in negative territory as investors continued to take profits, marking a second straight day of losses.

At 5pm, the FBM KLCI closed down 5.2 points, or 0.33% at 1,575.32. The market traded within a range of 15 points between an intra-day high of 1,585.32 and a low of 1,570.32 during the session.

Trading volume stood at 6.73 billion shares worth RM4.57bil. There were 832 losers, 288 losers, and 393 counters traded unchanged on the Bursa Malaysia.

Among the gainers, Batu Kawan rose 60 sen to RM19.60, British American Tobacco gained 36 sen to RM15.46 and Sedania added 30 sen to 60.5 sen.

Y&G, which has been issued with an unusual market activity (UMA) query by Bursa Malaysia rose 34 sen or 29.31% to RM1.50.

MPI tumbled RM1.20 to RM34.80, Heineken fell 68 sen to RM24.10, ATA IMS shed 51 sen to RM2.33 and Transocean declined 33 sen to RM4.86.

Supermax fell 17 sen to RM4.85, Top Glove declined eight sen to RM5.37 and Hartalega added one sen to RM9.92.

Among the banks, Maybank fell one sen to RM8.27, Public Bank added one sen to RM4.20, CIMB gained five sen to RM4.25, RHB Bank rose three sen to RM5.18 and Hong Leong Financial Group fell 18 sen to RM16.70.

Meanwhile, Asian peers closed mostly higher today. The MSCI’s Asia ex-Japan stock index was higher by 0.07%

Hong Kong’s Hang Seng index was down 143.52 points, or 0.5%, at 28,450.29.

China’s CSI300 index rose 0.3% to 5,186.41 while the Shanghai Composite Index dipped 0.1% to 3,506.94.

Japan’s Nikkei 225 rose 0.19% to close at 28,098.25 while South Korea’s Kospi closed down 10.77 points, or 0.34%, at 3,162.28.

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