KUALA LUMPUR, Aug 18 (Bernama) -- Bursa Malaysia ended higher on Tuesday, outperforming most regional markets as investors continued to rotate towards commodity and plantation-related stocks, an analyst said. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 7.47 points, or 0.43 per cent, to 1,733.36 compared with Monday’s close of 1,725.89. The benchmark index opened 1.63 points higher at 1,727.52, and fluctuated between 1,723.60 and 1,734.53 throughout the day. On the broader market, losers outpaced gainers 762 to 438, while 576 counters were unchanged, 1,075 untraded and 16 suspended. Turnover expanded to 3.74 billion units valued at RM2.91 billion from 3.45 billion units valued at RM2.74 billion on Monday.
KUALA
LUMPUR (July 4): The FBM KLCI fell 6.59 points or 0.4% with Asian
markets after North Korea fired a missile, which led to geopolitical
concerns.
At Bursa Malaysia, the KLCI finished at 1,762.08 points at 5pm. Across Asian share markets, Japan’s Nikkei 225 fell 0.12% while Hong Kong’s Hang Seng was down 1.53%.
US markets are closed on Tuesday for the Independence Day holiday.
In Malaysia, Inter-Pacific Securities Sdn Bhd research head Pong Teng Siew told theedgemarkets.com that it was generally a “down day” for Asia.
Reuters reported that Asian shares had turned lower as earlier gains were quashed by tensions on the Korean peninsula after North Korea fired a missile that landed in Japanese waters, deepening concerns over the isolated nation's nuclear capabilities.
Across Bursa Malaysia, 1.9 billion shares worth RM1.8 billion were traded. Decliners outpaced gainers at 456 against 340 respectively.
Petroliam Nasional Bhd (Petronas)-linked counters Petronas Gas Bhd, Petronas Chemicals Group Bhd and Petronas Dagangan Bhd were among top decliners as investors took profit today on their gains.
Source: The Edge
At Bursa Malaysia, the KLCI finished at 1,762.08 points at 5pm. Across Asian share markets, Japan’s Nikkei 225 fell 0.12% while Hong Kong’s Hang Seng was down 1.53%.
US markets are closed on Tuesday for the Independence Day holiday.
In Malaysia, Inter-Pacific Securities Sdn Bhd research head Pong Teng Siew told theedgemarkets.com that it was generally a “down day” for Asia.
Reuters reported that Asian shares had turned lower as earlier gains were quashed by tensions on the Korean peninsula after North Korea fired a missile that landed in Japanese waters, deepening concerns over the isolated nation's nuclear capabilities.
Across Bursa Malaysia, 1.9 billion shares worth RM1.8 billion were traded. Decliners outpaced gainers at 456 against 340 respectively.
Petroliam Nasional Bhd (Petronas)-linked counters Petronas Gas Bhd, Petronas Chemicals Group Bhd and Petronas Dagangan Bhd were among top decliners as investors took profit today on their gains.
Source: The Edge
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