Malaysia’s benchmark index retreated as profit-taking in key heavyweights weighed on sentiment, while overall market activity remained active. Summary FBM KLCI fell 0.83% to 1,684.93 , dragged by losses in banking and selected large-cap names, despite steady trading participation. Market Performance FBM KLCI : 1,684.93 (-0.83%) FBM Mid 70: -0.00% (flat) FBM Small Cap: -0.23% FBM ACE: +0.20% Broad market was mixed , with weakness concentrated in large caps. Market Breadth & Trading Activity Total volume: 3.54 billion shares Total value: RM4.19 billion Gainers: 456 Losers: 678 Unchanged: 550 Market breadth turned negative , reflecting cautious sentiment. Top Movers – KLCI Gainers Axiata (6888.MY) +1.54% Petronas Gas (6033.MY) +1.18% Sunway (5211.MY) +1.15% Losers Hong Leong Bank (5819.MY) -3.29% Maybank (1155.MY) -3.02% CIMB (1023.MY) -2.47% Banking sector weakness was the main ...
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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