KUALA LUMPUR, Sept 28 (Bernama) -- Bursa Malaysia ended marginally lower on Monday amid selling activity as the market lacked fresh catalysts to spur investors’ buying interest, an analyst said. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 1.60 points, or 0.09 per cent, to 1,670.02, from Friday’s close of 1,671.62. The benchmark index, which opened 0.93 of-a-point higher at 1,672.55, moved between 1,668.61 and 1,674.11 throughout the trading session. Market breadth was negative as losers surpassed gainers 748 to 388, while 517 counters were unchanged, 1,271 untraded and 91 suspended. Turnover slipped to 3.11 billion units worth RM2.40 billion from 4.07 billion units valued at RM2.69 billion on Friday.
Key Market Movements (Feb 26, 2025)
- FTSE Straits Times Index (STI) saw mixed performance, with notable stock movements across sectors.
- Investors focused on property, industrial, and REITs stocks as market sentiment remained cautious.
Top Gainers & Losers
STI Movers
- Top Gainer: HongkongLand USD (H78.SG) gained 2.66% to S$4.63.
- Top Loser: Seatrium Ltd (5E2.SG) declined 3.93% to S$2.20.
Singapore REITs Movers
- Top Gainer: Sabana REIT (M1GU.SG) rose 2.78% to S$0.37.
- Top Loser: Lippo Malls Trust (D5IU.SG) dropped 6.25% to S$0.015.
Market Sentiment & Outlook
- Investors showed interest in real estate stocks, with HongkongLand leading gains.
- Seatrium faced selling pressure, reflecting volatility in the industrial sector.
- REITs saw mixed movement, with Sabana REIT advancing while Lippo Malls Trust lagged.
Summary:
- Singapore stocks saw varied performance, with HongkongLand leading gains.
- Seatrium declined the most, reflecting pressure on industrial stocks.
- REITs had mixed results, with Sabana REIT rising and Lippo Malls Trust declining.
- Market sentiment remains cautious as investors weigh sector-specific trends.
Comments
Post a Comment