Banks lead KLCI lower in early trade


KUALA LUMPUR: Mild selling of bank stocks including AmBank and RHB Capital, plantations and Malaysia Airports pushed the FBM KLCI into the red early Thursday with analysts expecting profit taking to continue.

At 9.11am, the KLCI was down 1.55 points to 1,865.80. Turnover was 183.88 million shares valued at RM73.04mil. There were 143 gainers, 124 losers and 196 counters unchanged.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

KLCI , banks , MAHB , Pharmaniaga , profit taking

   

Next In Business News

Bandar Malaysia's theme park project cancelled
Trading ideas: Top Glove, LKL International, Kawan Renergy, Edelteq, Catcha Digital, MAHB
Metal markets rush to adjust to clampdown
Apple’s US$1bil outlay may be a fleeting win
MKHOP’s plantation land deals in the pipeline
Google offers to loosen search agreements
Tether sees US$10bil in net profits for 2024
Qualcomm wins key chips trial against Arm
Higher gold prices expected to boost Malaysia’s exports
Painting a brighter future

Others Also Read