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Bursa Malaysia ends in the red, CI down 1.34pc | Malay Mail

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KUALA LUMPUR, Jan 28 — Bursa Malaysia ended the day in the red, with the benchmark index falling 1.34 per cent, due to weak market sentiment in sync with bearish regional markets. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 21.17 points to 1,551.64 from Friday’s close of 1,572.63....

File picture shows an investor monitoring stock prices in the gallery of the RHB Investment Bank Bhd headquarters, July 16, 2018. — Bernama pic

Turnover increased to 3.36 billion shares worth RM2.88 billion from 1.58 billion shares worth RM1.26 billion recorded last Friday. In a note, Rakuten Trade said it was not an auspicious start for the regional stock markets today as the spread of the 2019 Novel Coronavirus in Wuhan had investors scurrying for cover as many unloaded their positions, pushing down the overnight Dow Jones Industrial Average by 453 points.

While most of the heavyweights were down, healthcare stocks bucked the trend with IHH up 10 sen to RM5.89, Hartalega rose 22 sen to RM6.25 and Top Glove increased 46 sen to RM6. Main Market volume swelled to 2.27 billion shares worth RM2.60 billion from 945.59 million shares worth RM1.13 billion last Friday.

 

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