Best stocks pick for klse – Bursa Malaysia opened slightly lower this morning

KUALA LUMPUR: Bursa Malaysia opened marginally bring down early today yet bounced back from there on, lifted by purchasing enthusiasm for chose heavyweights and lower liners. – Best stocks pick for klse

At 9.05am (Best stocks pick for klse),

The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) remained at 1,740.93, up 0.33 of-a-point, from Tuesday’s end of 1,740.6.

Best stocks pick for klse

The key file opened 0.34 of-a-point simpler at 1,740.26.

JF Apex Securities said the FBM KLCI, today, could take after the bearish execution in the US and additionally European stocks and decay towards its bolster level of 1,730 focuses.

“The US markets declined overnight with the Dow Jones Industrial Average trimming 100 focuses after Goldman Sachs’ quarterly benefit came in beneath gauge.  – Best stocks pick for klse

Then, European stocks likewise tumbled after British Prime Minister Theresa May called for snap decisions,” it said in a note today.

On the more extensive market, gainers drove washouts 124 to 112 while 205 counters stayed unaltered with 1,309 untraded and 16 others were suspended.

Turnover remained at 205.88 million shares worth RM41.48 million.

Of heavyweights, Kuala Lumpur Kepong expanded 42 sen to RM24.56, MISC rose six sen to RM7.39.

Hong Leong Bank picked up 12 sen RM13.82, Petronas Dagangan added 14 sen higher to RM24.22 while Maybank, Public Bank, Sime Darby and Petronas Chemicals were all level at RM9.04, RM19.92, RM9.22 and RM7.60, separately.

Among actives, Vivocom edged up a large portion of a-sen to 16 sen, Inix Technologies acknowledged two sen to 10 sen, Land and General added one sen to 25 sen and Sumatec Resources was unaltered at seven sen.  – Best stocks pick for klse

On the scoreboard, the FBMT100 Index increased 0.46 of-an indicate 12,037.05, the FBM Ace extended 13.97 focuses to 6,131.51, the FBM Emas Index fell 0.73 of-an indicate 12,400.51.

The FBM Emas Syariah Index declined 3.99 focuses to 12,850.890 and the FBM 70 shed 6.40 focuses to 14,679.69.

Part insightful, the Plantation Index was 20.23 focuses higher at 7,991.12,

The Industrial Index limited 2.22 focuses to 3,247.64 while the Finance Index rose 16.35 focuses to 15,706.57.

The physical cost of gold as at 9.30am remained at RM176.49 per gram, up 29 sen from RM176.20 at 5pm yesterday.


Best stocks pick for klse