KUALA LUMPUR, April 3 (Bernama) -- Bursa Malaysia ended lower today, with the benchmark index declining 0.5 per cent, weighed down by selected heavyweights led by Press Metal, IHH Healthcare, and Tenaga Nasional. Press Metal shed 16 sen to RM4.87, IHH Healthcare dipped 14 sen to RM6.75, and TNB slipped 18 sen to RM13.58. These stocks resulted in a 6.12-point decline in the benchmark index. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) slid 7.61 points to 1,518.91 versus Wednesday’s close of 1,526.52. The benchmark index opened 9.22 points lower at 1,517.30 and fluctuated between 1,512.32 and 1,524.41 throughout the day. In the broader market, losers thumped gainers 548 to 357, while 448 counters were unchanged, 994 untraded and eight suspended. Turnover rose to 2.51 billion units valued at RM1.81 billion against Wednesday’s 2.37 billion units valued at RM2.03 billion. ...
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| FBM KLCI closed marginally lower |
Malaysians who are in the stock market must be fascinated with the stock market movement because of its volatility. The fluctuation of the market happened in a period of the financial reporting season in the country.
The KLCI fell to 1,674.59 despite a rise in major Asian share markets. Japan's Nikkei 225 rose 0.9% while Hong Kong's Hang Seng added 0.93%.
Across the Malaysian market, 1.62 billion shares worth RM1.64 billion changed hands. Bursa seen the market closed with 468 gainers versus 364 decliners.
Export-driven stocks such as Top Glove Corp Bhd and PIE Industrial Bhd were among the top ten gainers.
The leading decliner was British American Tobacco (M) Bhd.
The most-active stock was APFT Bhd.
Asian share markets rose on Monday, extending last week's gains, as investors awaited a rush of February industry surveys to take the pulse of the global economy, while the sterling stumbled on concerns the UK might yet vote to leave the European Union, according to Reuters.
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