Equity Tip – Share prices on Bursa Malaysia opened lower today

KUALA LUMPUR: Share costs on Bursa Malaysia opened lower today on benefit taking exercises taking after the current additions and in accordance with the overnight tumble in most worldwide value markets. Equity Tip

At 9.05 am (Equity Tip)

The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) remained at 1,743.73, down 10.94 focuses, from Tuesday’s end of 1,754.67.

Prior, the record opened 6.92 focuses weaker at 1,747.75.

On the more extensive market, decliners outpaced gainers 379 to 52 with 208 counters unaltered, 1,091 untraded and 16 others were suspended.

Turnover remained at 184.83 million shares worth RM71.36 million.

A merchant said crisp worries over US President Donald Trump’s monetary plan drove a sharp overnight pullback in Wall Street as speculators rushd to place of refuge resources, for example, gold and government bonds.

“Moreover, we trust a few financial specialists chose to secure a few benefits after the current solid rally,” he included.

Among heavyweights

Maybank fell four sen to RM8.96, Public Bank declined 10 sen to RM19.98, TNB was 16 sen bring down at RM13.62 and Sime Darby lost nine sen to RM9.21.

Of the effectively exchanged stocks, Naim Indah and Daya Materials were both level at 10 sen and eight sen, individually, while Alam Maritim added 2.5 sen to 31 sen.

The FBM Emas Index diminished 78.02 focuses to 12,328.33

FBMT 100 Index was 75.88 focuses weaker at 12,982.77 and the FBM Emas Shariah Index fell 78.25 focuses to 12,717.74.

The FBM 70 deleted 93.25 focuses to 14,336.67 and the FBM Ace declined 55.13 focuses to 5,557.8.

Part insightful, the Plantation Index shed 13.53 focuses to 8,186.88, the Finance Index surrendered 94.7 focuses to 15,733.35 and the Industrial Index lost 14.13 focuses to 3,269.89.

The physical cost of gold as at 9.30 am remained at RM171.52 per gram, up RM1.99 from RM169.53 at 5pm yesterday.

FTSE Bursa Malaysia KLCI

OPEN  1,739.59 -15.08 -0.86%

Last Updated: Mar 22, 2017 at 1:40 p.m.

 Equity Tip for Malaysian Traders