FBM KLCI ends lower on profit-taking, broader market positive

  • 📰 staronline
  • ⏱ Reading Time:
  • 52 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 38%
  • Publisher: 75%

Markets News

Bursa Malaysia,Closing,Financial Services

BATU PAHAT: Datuk Seri Dr Wee Ka Siong paid his last respects to Sijil Pelajaran Malaysia (SPM) candidate Sim Hui Yi, who passed away after falling into a coma one day before the national exam.

KUALA LUMPUR: The FTSE Bursa Malaysia KLCI ended the week slightly lower, pulling back from recent gains as profit-taking dominated amid heightened investor caution.

However, market breadth was positive as gainers led losers 574 to 465, while 524 counters were unchanged, 913 untraded and 12 suspended. "Elsewhere, the Bursa Malaysia Small Cap, Mid Cap Index and ACE Market have risen over the past fortnight, fuelled by improving economic data from China, signalling growing investor confidence,” he told Bernama.

Regionally, most bourses were mostly lower with Singapore’s Straits Times index losing 0.69 per cent to 3,796.16, Japan’s Nikkei dipped 0.77 per cent to 39,091.17, and South Korea’s Kospi dropped 0.56 per cent to 2,428.16. Hong Kong’s Hang Seng Index advanced 1.56 per cent to 19,865.85, and China’s SSE Composite Index added 1.05 per cent to 3,404.08.

On the index board, the FBM Emas Index rose 18.71 points to 12,346.90, the FBMT 100 Index increased 13.42 points to 12,027.70, and the FBM 70 Index surged 134.67 points to 18,400.21. The FBM Emas Shariah Index climbed 19.03 points to 12,323.13 and the FBM ACE Index jumped 62.43 points to 5,307.19.

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:

 /  🏆 4. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

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

Bursa outlook: Malaysia’s GDP data to drive FBM KLCI, market eyes key economic figuresKUALA LUMPUR, Nov 9 — The FTSE Bursa Malaysia KLCI (FBM KLCI) is anticipated to continue its upward trajectory next week, extending the positive momentum seen this week as it...
Source: malaymail - 🏆 1. / 86 Read more »

FBM KLCI edges higher amid regional downtrend; plantation stocks lead declinersSEOUL: Amid prolonged controversy over excessive fees and a lack of transparency in the wedding industry, the South Korean government said it has mandated changes to contract terms at 18 major wedding planning firms.
Source: staronline - 🏆 4. / 75 Read more »