Market sentiment shaky over China’s economic woes

KUALA LUMPUR: Bursa Malaysia opened lower today as sentiment remained jittery over the deepening debt crisis of property developer China Evergrande Group coupled with the ineffectiveness of the Chinese government’s stimulus package, a dealer said.

Nevertheless, Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said bargain-hunting activities are expected to emerge on the local front, buoyed by the positive developments in the US. On the broader market, decliners surpassed gainers 155 to 131, while 265 counters were unchanged, 1,744 untraded and eight suspended.Among the heavyweight counters, Maybank and CIMB improved 1 sen to RM8.80 and RM5.44 respectively, and Public Bank added 2 sen to RM4.08, while Tenaga Nasional lost 8 sen to RM9.91 and Petronas Chemicals fell 2 sen to RM7.17.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Malay commerce group moots GST to end black market, boost Bumi businessesKUALA LUMPUR, Oct 1 — The Malay Chamber of Commerce Malaysia is urging the Anwar government to bring back the goods and services tax (GST) introduced in 2015 and abolished by the...
Источник: malaymail - 🏆 1. / 86 Прочитайте больше »

Panic trend abated, local rice stocks in market back to normal: ChanKUALA LUMPUR: The trend of panic buying has almost demished and local supply of white rice in the market is back to stable condition this week, said D...
Источник: theSundaily - 🏆 25. / 51 Прочитайте больше »

Panic trend abated, local rice stocks in market back to normal, says ChanKUALA LUMPUR: The trend of panic buying has almost diminished and local supply of white rice in the market has stabilised this week, says Deputy Minister of Agriculture and Food Security Chan Foong Hin.
Источник: staronline - 🏆 4. / 75 Прочитайте больше »

Panic trend abated, local rice stocks in market back to normal, says deputy agriculture ministerKUALA LUMPUR, Oct 1 — The trend of panic buying has almost diminished and local supply of white rice in the market is back to stable condition this week, said Deputy Minister of...
Источник: malaymail - 🏆 1. / 86 Прочитайте больше »