KUALA LUMPUR, Jan 8 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) reversed yesterday’s gains to close lower on Wednesday as investors took profit amid the negative performance of regional peers. At 5 pm, the FBM KLCI fell 14.96 points or 0.92 per cent to end at its intraday low of 1,614.83 from Tuesday’s close of 1,629.79. The benchmark index opened 0.87 of-a-point easier at 1,628.92 and hit an intraday high of 1,631.15 during the early morning session. Decliners trounced advancers 827 to 285 on the broader market, while 497 counters were unchanged, 761 untraded, and 10 others suspended. Turnover narrowed to 3.59 billion units valued at RM3.06 billion against Tuesday’s 3.91 billion units valued at RM3.29 billion. UOB Kay Hian Wealth Advisors head of investment research Mohd Sedek Jantan noted that major Asian indices followed Wall Street’s downbeat performance, driven by t...
FBM KLCI kick off the year with a decline of 8.48 pts to close at 1,752.770.
FBM KLCI started the year 2015 with a slight drop |
The drop is about 0.48% as the oil price downtrend seems to continue.
Brent crude continues to trade at sluggish levels of US$57 per barrel.
The top gainers for the day are as follow:
Nestle Bhd close at 68.88, up 0.038, Lafarge Malaysia Bhd increase 0.3 to close at 10.06, Hong Leong Financial Group Bhd up by 28 cents to 16.80 while Allianze also by 28 cents to 11.70. Below is the top 10 gainers for the day:
Top 10 Gainers |
On the other end, leading the top losers are British American Tobacco with a decrease of RM1.10 to close at RM64, Kuala Lumpur Kepong dropped about 80 cents to RM22, DanaInfra Retail Sukuk also drop 80 cents to RM100. Below are the TOP 10 Losers of the day.
Top 10 Losers |
Below are the top 10 Active counters for the day:
According to report from TheEdge, investors are still cautious as crude oil continues to slide.
There is also a downward revision for the end-2015 target for FBM KLCI to 1,720 pts from the previously 1,930 by JF Apex Securities Research and said the local stock market will continue to exhibit choppy trade as long as crude oil price stays sluggish, with the continued weakening of the ringgit against the US dollar.
On the regional front, both the Hong Kong's Hang Seng and South Korea's Kospi were up by 1.07% and 0.57% respectively.
hmmm seems like 2015 is not a good year too huh! hopefully it doesnt get worst!
ReplyDelete30 Days Money Challenge here!!
Not a good start, we still don't know how it goes throughout the year.
ReplyDelete