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Market Daily Report: Bursa Malaysia Ends Lower Amid Broad-based Selling

KUALA LUMPUR, Nov 12 (Bernama) -- Bursa Malaysia extended its losing streak for a fourth consecutive session, closing lower on Thursday amid continued broad-based selling that weighed on market sentiment, an analyst said. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) slid 9.23 points or 0.57 per cent to 1,585.96 from Wednesday's close of 1,595.19. The benchmark index opened 3.61 points lower at 1,591.58 and fluctuated between an intraday low of 1,583.66 and a high of 1,592.89 throughout the day. Market breadth remained negative with losers thumping gainers 799 to 318, while 476 counters were unchanged, 1,181 untraded and 13 suspended. Turnover climbed to 3.06 billion units valued at RM2.56 billion compared with yesterday’s 2.90 billion units valued at RM2.33 billion.

STI Movers: DFIRG USD Jumps 4.2% as ST Engineering Leads Decliners

Singapore  stocks  ended  Friday  with  mixed  performance,  as  selective  buying  lifted  consumer  and  property  names  while  industrial  counters  lagged. STI  Top  Gainers Top  Performer: DFI Retail Group Holdings Ltd  (D01. SG)  rose  4.22%   to  S$4.69 Other  notable  gainers: Hongkong Land Holdings Ltd  +3.77% Wilmar International Ltd  +1.33% Jardine Matheson Holdings Ltd  +0.77% Singapore Exchange Ltd  +0.55% Key  Point:  Retail  and  property- linked  counters  led  gains,  indicating  selective  bargain  hunting. STI  Top  Losers ST Engineering Ltd  (S63. SG)  fell  2.42%   to  S$10.88 Other  decliners  included: Singapore Airlines Ltd  -1.95% Seatrium Ltd  -1.66% Mapletree Logistics Trust  -1.64% SATS L...