Bursa Malaysia firmer at close | Malay Mail

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KUALA LUMPUR, Aug 21 — Persistent buying support in index-linked counters, led by glove maker and healthcare stocks, helped to push the key index on Bursa Malaysia to end the week in the positive territory, in sync with gains in most regional peers, dealers said. At the close, the benchmark FTSE...

At the close, the benchmark FTSE Bursa Malaysia KLCI ended 1.74 points better at 1,577.12 from Wednesday’s close of 1,575.38. — Bernama pic

The barometer index opened 0.59 of-a-point weaker at 1,574.79, and moved in a volatile trading pattern at between 1,568.98 and 1,579.01 throughout the day.The overall market breadth was positive with gainers almost doubling losers 708 to 390, while 385 counters were unchanged, 530 untraded and 25 others suspended.

“On a year-to-date basis, the FBM KLCI continues to be the best performing ASEAN market, declining by only 0.7 per cent,” he told Bernama. It was reported that Maybank was among the largest lenders in Malaysia for Genting Hong Kong Ltd, with loan exposure amounting to US$350 million , of which payment would likely be suspended as the Hong Kong-based cruise operator was preserving as much cash as possible to sustain operations.Among the most actives, XOX gained 1.5 sen to 21 sen, Solution increased 18.5 sen to 47.5 sen, Pegasus inched down half-a-sen to three sen, while DGB was flat at 5.5 sen.

Sector-wise, the Plantation Index climbed 19.12 points to 7,039.66, the Industrial Products and Services Index added 0.39 of-a-point to 142.27, but the Financial Services Index dipped 91.2 points to 13,026.49.

 

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Bursa Malaysia mixed at mid-afternoon | Malay MailKUALA LUMPUR, Aug 21 — Bursa Malaysia resumed the afternoon session mixed, with the key index slipping into the negative territory but the overall market breadth was positive. As at 3pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 0.15 of-a-point to 1,575.23 from Wednesday’s close...
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