KUALA LUMPUR, June 18 (Bernama) -- Bursa Malaysia’s key index finished marginally higher, supported by strong buying interest in consumer-related counters, amid mixed performance across regional markets. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose by 1.40 points, or 0.08 per cent, to 1,711.39 from Tuesday's close of 1,709.99. The key index opened 12.36 points firmer at 1,722.35 and moved between 1,711.31 and 1,722.63 throughout the session. Market breadth was negative, with losers leading gainers 678 to 493, while 549 counters were unchanged, 1,016 untraded and 34 suspended. Turnover increased to 4.50 billion units worth RM3.45 billion from 3.93 billion units worth RM3.45 billion on Tuesday.
KUALA LUMPUR (Feb 26): The FBM KLCI slipped 1.42 points or 0.1% as investors evaluated Malaysia's corporate financials and after a last-minute selling of Genting Bhd shares dragged the KLCI lower.
At 5pm, the KLCI closed at 1,860.08. Genting shares dropped 18 sen to RM8.92 to become one of the biggest decliners on Bursa Malaysia.
Inter-Pacific Securities Sdn Bhd head of research Pong Teng Siew said: “Generally (Malaysia corporate) results have not been too encouraging, but we do see better profits."
Across Bursa Malaysia, 2.72 billion shares worth RM2.74 billion were traded. Top decliners included KLCI-linked stocks Nestle (M) Bhd and Hong Leong Financial Group Bhd.
Top gainers included Dutch Lady Milk Industries Bhd and KLCI component Hong Leong Bank Bhd.
Source: The Edge
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