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Bursa Malaysia closes lower, mixed performance seen in broader market | Malay Mail

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KUALA LUMPUR, Oct 1 — Bursa Malaysia kicked off the year’s final quarter on a lower note, with the FTSE Bursa Malaysia KLCI (FBM KLCI) down by 0.53 per cent at the close amid a mixed broader market. The market was dragged by the plantation counters as the US Customs and Border Protection’s...

Thursday, 01 Oct 2020 06:25 PM MYT

It extended its losses after opening 3.24 points lower at 1,501.58. The index hovered between 1,491.13 and 1,503.58 throughout the day. Besides the Sime Darby Plantation, the other counters that were in the red included IOI Corp, which slipped seven sen to RM4.39, and KLK, which lost 10 sen to RM22.70.

“Therefore, if the boost in the healthcare sector in the FBM KLCI can outweigh the overall weak sentiment, then the index will be range bound,” an analyst told Bernama. Of the actives, XOX slipped 1.5 sen to 11.5 sen, Kanger International shed 3.5 sen to 14.5 sen, Iris climbed 4.5 sen to 32.5 sen and Bintai Kinden added 13 sen to 66.5 sen.

 

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