KUALA LUMPUR: – Bursa Malaysia (Financial Advisor in Malaysia) remained bring down at mid-morning on lukewarm interest for blue chips.
The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI):
facilitated 3.82 focuses to 1,774.33 as at 11.02 am subsequent to opening 1.59 focuses better at 1,779.74.
On the more extensive market, failures drove gainers 302 to 344, while 413 counters were unaltered, 701 untraded and 32 others suspended.
Turnover remained at 1.05 billion offers worth RM674.63 million.
Hong Leong said the FBM KLCI surged over the 1,780 focuses level, yet this was fleeting as offering weight developed from that point. – Financial Advisor in Malaysia
“With no new impetus in the business sectors, we opine that the US securities exchanges are probably going to be topped along the 21,000-21,178 levels on the Dow.
"Thus, on the nearby front, given the careful and flattish execution on the overnight Dow, the FBM KLCI may slant sideways," it said in a note.
Additionally, benefit taking exercises are probably going to rise, which may abridge the upside on the key list around 1,780-1,790, it included.
For the heavyweights, Petronas Gas trimmed 52 sen to RM19.18, IOI Corp shed six sen to RM4.58, Hap Seng fell nine sen to RM8.83 and YTL declined two sen to RM1.51.
For the actives, Globaltec development crawled up a large portion of a-sen to six sen, while Netx, Luster and Jag each remain pegged at 7.5 sen, 14 sen and 15 sen individually.
The FBM Emas Index contracted 26.16 focuses to 12,711.88, the FBMT 100 Index diminished 26.57 focuses to 12,338.42, and the FBM Emas Shariah Index fell 17.81 focuses to 13,063.61.
The FBM 70 was 32.96 focuses bring down at 15,312.08, while the FBM Ace livened 22.08 focuses to 6,514.40.
On a sectoral premise, the Industrial Index fell 24.04 focuses to 3,269.40, the Finance Index declined 12.54 focuses to 16,396.40 and the Plantation Index slid 35.52 focuses to 10,018.73. – Financial Advisor in Malaysia