Bursa Malaysia ends on a mixed note | Malay Mail

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KUALA LUMPUR, Aug 24 — Bursa Malaysia closed on a mixed note today due to bargain hunting in the lower liners, interspersed with profit-taking in selected heavyweights, led by finance stocks amidst fresh catalysts, dealers said. At the close, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI)...

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

The negative performance in bluechip stocks, namely Petronas Chemicals, IHH Healthcare, Public Bank and Hartalega, dragged the composite index down by 10.55 points. Meanwhile, in a note, Kenanga Research said investors will be looking forward to the earnings announcements by listed companies this week, which must release their April-June quarterly report cards by end-August.

Of the actives, Iris improved two sen to 40 sen, XOX gained 2.5 sen to 23.5 sen and Bioalpha rose 4.5 sen to 32.5 sen.

 

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