FBM KLCI declines amid mixed regional trading


KUALA LUMPUR: The FBM KLCI ended the first trading day of the week lower, amid a mixed performance in the region.

At 5pm, the 30-stock index closed down 5.36 points, or 0.37% at 1,451.02 with 15 of the component stocks closing lower while eight chalked up gains.

Sellers led buyers by 591 to 306, while 430 counters traded unchanged. Volume was 3.16 billion shares valued at RM1.87bil.

Dealers said today's decline is mostly spurred by investors selling on a high.

Consumer stocks dominated the losers’ list on Bursa Malaysia. Nestle, the top loser, plunged RM6.10 to RM113.90. Heineken fell 32 sen to RM21.50, F&N lost 22 sen to RM27.50 and Panasonic Manufacturing eased 20 sen to RM17.70.

KESM jumped 25 sen to RM7.07, PETRONAS Dagangan rose 20 sen to RM22.50, Rapid gained 14 sen to RM27.70 and Hong Leong Financial Group added 12 sen to RM16.60.

Around the region, MSCI's Asia ex-Japan stock index was higher by 0.09%.

Japan’s Nikkei 225 closed 0.6% lower at 33,231.27 while South Korea’s Kospi closed up 0.4% at 2,514.95.

Hong Kong’s Hang Seng index was down 1.09%, at 16,646.05 and China’s CSI 300 index edged down 0.65% to 3,460.14.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Bursa Malaysia , FBM KLCI , KLCI

   

Next In Business News

Chin Chee Seong elected SME Association national president
Finding 'humanity' in finance
Oil posts big weekly drop after US jobs data
Investors with Australian property: Beware TAX
Malaysia can lead EV charge
Getting a good price for your home
Investing amid shifting expectations
Economic proxy play
Putting money on the banks
Higher credit score, better mortgage options

Others Also Read