Bursa Malaysia lower at mid-day | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 86%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

KUALA LUMPUR, Aug 24 — Bursa Malaysia turned marginally lower at mid-day today, dragged down by profit-taking in selected blue-chips led by financial stocks amid lack of fresh leads. At 12.30pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) dropped 0.39 per cent or 6.22 points to 1,570.90...

On the broader market, gainers edged losers 537 to 492, while 374 counters were unchanged, 615 untraded and 22 others suspended. — Picture by Hari Anggara

The FBM KLCI opened 1.43 points higher at 1,578.55 and moved between 1,570.37 and 1,581.27 throughout the morning session. Among which, the more keenly awaited results will be from the likes of Kossan Rubber , CIMB , Genting Bhd, Genting Malaysia, Maybank , and Tenaga .From a technical perspective, the key FBM KLCI is expected to show a negative bias, probably swinging down towards our support lines of 1,550 and 1,510 amid profit-taking activities.

Among heavyweights, Maybank slid four sen to RM7.51, Top Glove eased six sen to RM27.94, Public Bank down 26 sen to RM17.04, Hartalega shed 48 sen to RM17.26, while Tenaga was flat at RM11.00. Top gainers, Timberwell and PPB Group rose 14 sen each to 63.5 sen and RM19.58, respectively, and Solution Group gained 13 sen to 60.5 sen.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bursa Malaysia: International investors back in selling mode last week | Malay MailKUALA LUMPUR, Aug 23 — International investors were back in selling mode, disposing of RM151.1 million net of local equities from Monday to Wednesday, after the market rebounded to record a net foreign buying last week, after the 25th consecutive week of net foreign selling. The market was closed...
Source: malaymail - 🏆 1. / 86 Read more »

Bursa Malaysia opens higher | Malay MailKUALA LUMPUR, Aug 24 — Bursa Malaysia opened higher on mild bargain-hunting in almost all the index-linked stocks while tracking the gains on Wall Street last Friday, dealers said. At 9.03am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) improved 2.00 points to 1,579.12 compared with 1,577.12...
Source: malaymail - 🏆 1. / 86 Read more »

Bursa Malaysia turns mixed at mid-morning | Malay MailKUALA LUMPUR, Aug 24 — Bursa Malaysia turned mixed at mid-morning today, with mild bargain hunting in the lower liners, interspersed with profit-taking in selected heavyweights amidst a volatile market. At 11.01am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) dropped 3.31 points to 1,573.81...
Source: malaymail - 🏆 1. / 86 Read more »

Steady start for Bursa, Top Glove and Supermax top gainersKUALA LUMPUR: Bursa started Monday on a steady note with buying interest still focused on Top Glove and Supermax as investors expect supernormal earnings from glove makers due the strong demand while the Covid-19 pandemic has not shown signs of slowing down.
Source: staronline - 🏆 4. / 75 Read more »