Translate This Page

Monday, November 9, 2015

Market Daily Report [09 Nov 2015]

It's a strange day for Bursa Malaysia today as FBM KLCI opened weaker but managed to climb at the 11th hour to close at 1,686.11. The index erased losses from its intraday low of 1,680.79. 

FBM KLCI closed slightly higher at 1,686.11
This is amid a weaker ringgit at 4.3763 against the US dollar.  The US dollar is strengthened after a convincing data on the US employment rate last week as the data is pointing towards a potential US interest rate hike in December by Fed. 

In the country, the weaker Ringgit directed the focus and spotlight on the export-based companies. 

Across Bursa Malaysia, there were 434 gainers versus 469 decliners. The exchange saw 2.1 billion shares worth RM1.7 billion traded.

TOP 3 ACTIVE counters
Bumi Armada Bhd is the most actively traded counter for the day, due to the rumour of the MISC FPSO merger. The counter closed at 1.11, 0.115 higher than Friday.

TOP 3 GAINER for the day

Kuala Lumpur Kepong Bhd has the honor to be the top gainer for the day, with an increase of 40 cents to 23.40, followed by Top Glove that continued its' momentum with another 32 cents increase to close at 9.72. 

Nestle was the TOP LOSER with a drop of 66 cents
Nestle (M) Bhd was the biggest decliner with a drop of 66 cents to close at 72.40. 

Bursa Malaysia will be closed for the Deepavali holiday tomorrow and trading will resume on Wednesday (11/11/2015).

No comments:

Post a Comment