Bursa Malaysia closes lower on profit-taking | Malay Mail

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KUALA LUMPUR, Aug 25 — Bursa Malaysia closed lower today as profit-taking in selected heavyweights led by glove-maker stocks dragged the benchmark further down, dealers said. At the close, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) ended 0.86 per cent or 13.62 points easier at 1,554.96...

At the close, the benchmark FTSE Bursa Malaysia KLCI ended 0.86 per cent or 13.62 points easier at 1,554.96 from yesterday’s close of 1,568.58. — Bernama pic

The benchmark index opened 5.23 points weaker at 1,563.35 and moved between 1,552.92 and 1,569.58 throughout the day’s session. Glove-maker stocks such as Top Glove, Supermax, Kossan Rubber and Hartalega were also among the top losers, as news flow on the development of a potential Covid-19 vaccine triggered profit-taking in today’s trading session.

Among the actives, XOX gained 1.5 sen to 25 sen, Bintai rose 30 sen to 70.5 sen and Solution Group added 18.5 sen to 81.5 sen.Of the top gainers, Dutch Lady increased 90 sen to RM39.70, Petronas Dagangan improved 82 sen to RM21.22 and Pharmaniaga was up 69 sen at RM5.96. Sector-wise, the Financial Services Index added 2.06 points to 12,913.87, the Industrial Products and Services Index reduced 0.71 point to 140.58, and the Plantation Index was 17.09 points better at 7,076.34.

 

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