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Market Daily Report: Bursa Malaysia Gives Up Earlier Gains To End Mixed

KUALA LUMPUR, Nov 19 (Bernama) -- Bursa Malaysia gave up earlier gains to end mixed today, amid a higher regional market showing, as property, construction, and healthcare counters attracted buying interests, while plantation, banking, and telecommunication stocks saw some profit-taking, an analyst said. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 1.70 points to close at 1,602.34 from yesterday’s close of 1,604.04. The benchmark index, which opened 0.86 of-a-point lower at 1,603.18, moved between 1,601.02 and 1,608.88 during the trading session. However, the broader market was mixed to higher, with gainers leading decliners by 565 to 438 while 502 counters remained unchanged, 961 untraded, and 14 suspended. Turnover narrowed to 2.83 billion units valued at RM2.08 billion versus 2.96 billion units valued at RM2.23 billion yesterday. Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said the benchmark index remained range-bound and it required a dec

FBM KLCI Rises 0.19% to 1,668.82 on Sept 20, 2024

The FTSE Bursa Malaysia KLCI (FBM KLCI) increased by 0.19% , closing at 1,668.82 on Friday, September 20, 2024. Below is a summary of the performance of key Bursa Malaysia indices and the ringgit : FBM KLCI : Closed up 0.19% at 1,668.82 Ringgit : Showed stability, with minor fluctuations against major currencies Ringgit Performance: USD/MYR : 4.208 (YTD change: +9.19%) SGD/MYR : 3.2575 (YTD change: +6.77%) Top 10 Movers and Laggards on FBM KLCI: Top Gainers : YTL Corp Bhd : RM2.720 (+4.62%) YTL Power International Bhd : RM3.830 (+4.08%) SD Guthrie Bhd : RM4.720 (+2.16%) CIMB Group Holdings Bhd : RM8.440 (+1.81%) MISC Bhd : RM8.220 (+0.98%) Top Losers : Petronas Dagangan Bhd : RM18.960 (-1.04%) Axiata Group Bhd : RM2.500 (-1.19%) Maxis Bhd : RM3.920 (-2.00%) Petronas Chemicals Group Bhd : RM5.470 (-3.01%) CelcomDigi Bhd : RM3.670 (-3.42%) Top 10 Active (By Volume): Sime Darby Property Bhd : 135.77 million shares Top Glove Corp Bhd : 107.26 million shares Sunway Bhd : 74.79 million s

Market Daily Report (05 Dec 2014)

It has been a rather frustrating week for Bursa Malaysia...the negative sentiments of the lower oil prices, weaker Ringgit has been very bad for FBM KLCI.  But there was some improvement today as the stock market close at 1749.37 points (+3.68 points/0.21% higher). It was a great relief as the benchmark open with a slight drop. The rebound is most likely due to the oversold in previous days.  Of course, many are still wary of the market and predict that the downtrend might continue with the oil price continued to be under pressure. It is also important to take note of the weaker ringgit against the USD, at 3.4698. On the other hand, most of the Asian counters rose slightly. China’s Shanghai Composite gained 1.32% while Hong Kong’s Hang Seng Index advanced 0.71%. Here are the top gainers and top losers: Top Gainers Top Losers