FBM KLCI falls for sixth consecutive session; ACE Market debutant Sorento closes higher


KUALA LUMPUR: The FBM KLCI began the trading day on a positive note but finished lower for the sixth consecutive session, bucking the regional uptrend.

The 30-stock index closed down 7.83 points, or 0.48%, at 1,610.47, after moving between an intraday high of 1,630.39 and a low of 1,609.87.

All indices on Bursa Malaysia ended lower, except for the Bursa Malaysia Consumer Products & Services Index and the Plantation Index.

There were significantly more decliners in the market than gainers, with 782 compared to 294, and another 484 counters remaining unchanged. A total of 2.45 billion shares changed hands, worth RM2.21bil in all.

BLD Plantation, the top loser on Bursa Malaysia, slid 76 sen to RM10.72. Tenaga Nasional fell 38 sen to RM14, Hong Leong Bank lost 36 sen to RM20.86 and Ajinomoto gave up 32 sen to RM14.56.

Among the gainers, Nestle surged RM2.80 to RM103, United Plantations added 50 sen to RM27, Kuala Lumpur Kepong rose 44 sen to RM21.54 and HeiTech Padu gained 28 sen to RM3.57.

ACE-Market debutant, Sorento closed up 0.5 sen, or 1.35% to 37.5 sen with 141.91 million shares traded.

On the forex market, the ringgit was down 0.44% against the greenback to 4.3620 and down 0.3% against the Singapore dollar at 3.2982.

Elsewhere in the region, Japan’s Nikkei 225 rose 1.82% to 38,605.53 while South Korea’s Kospi added 1.13% to 2,612.43.

Hong Kong’s Hang Seng Index closed up 0.04% at 20,599.36. China’s CSI300 Index gained 0.2% to 3,964.16 and Shanghai Composite Index advanced 0.7% to 3,322.20.

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

FBM KLCI , KLCI , Bursa Malaysia , Sorento

   

Next In Business News

Axis REIT reports lower net income but higher revenue in 3Q24
Barakah Offshore Petroleum to sell KL101 Barge for US$9.7mil
Main Market-bound Azam Jaya IPO oversubscribed by 23 times
IGB REIT's net profit drops to RM79.58mil in 3Q24
Genting’s PT Layar Nusantara Gas signs key agreements for floating LNG project in West Papua
Ringgit eases against US dollar at the close
5i-Strategy, SRI creates solid foundation for sustainable finance
Oriental Interest FY24 net profit rises to RM85.21mil
Pintaras Jaya acquires 11 Klang land parcels for RM23mil for development
Bursa Malaysia to close for Deepavali holiday

Others Also Read