BURSA Malaysia ended in negative territory on the ongoing political developments and also in line with regional peers.
The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) fell by 10.29 points or 0.67% to end the day at 1,514.95 from Wednesday’s close of 1,525.24.
The market bellwether opened 0.56 of-a-point lower at 1,524.68 and fluctuated between 1,513.78 and 1,524.68 throughout the trading session.
Market breadth was bearish with losers trouncing gainers 634 to 334, while 451 counters were unchanged, 779 untraded and seven others suspended.
Turnover decreased to 3.3 billion units worth RM1.99 bil from Wednesday’s 3.83 billion units worth RM2.2 bil.
Regionally, Singapore’s Straits Times Index decreased 1.42% to 3,081.08, Hong Kong’s Hang Seng Index weakened by 2.13% to 25,316.33 and Japan’s Nikkei 225 reduced by 1.1% to 27,281.17.
Bursa Malaysia’s heavyweights, Tenaga Nasional added 1 sen to RM9.90, IHH Healthcare was flat at RM5.79, Maybank fell 5 sen to RM8.09, Public Bank eased 3 sen to RM3.91, Petronas Chemicals and Hong Leong Bank declined 2 sen each to RM7.97 and RM18.30 respectively, while Press Metal slid 14 sen to RM4.91 and Digi was 3 sen easier to RM4.25.
Among the actives, Avillion gained 1 sen to 20 sen, My E.G. jumped 17 sen to RM1.82, Destini rose 1.5 sen to 18 sen, Advance Synergy went down 2.5 sen to 17 sen while Dagang Nexchange and Kanger both inched down half-a-sen to 74 sen and 5.5 sen. – Aug 19, 2021
