KUALA LUMPUR, May 12 — Bursa Malaysia ended lower today amidst renewed Covid-19 concerns globally and ahead of the release of Malaysia’s first-quarter gross domestic product (GDP) numbers tomorrow. At the close, the FTSE Bursa Malaysia KLCI (FBM KLCI) went down 2.38 points to 1,379.93 compared...
An investor monitors the stock prices in the gallery of the RHB Investment Bank Bhd headquarters in Kuala Lumpur March 17, 2020. ― Picture by Hari Anggara
On the broader market, losers led gainers by 456 to 437, while 368 counters were unchanged, 604 untraded and 17 others suspended. Innes said besides the GDP announcement, local investors were also keeping tabs on China Retail sales slated for release this Friday. “Indeed, printing a fourth consecutive week of inventory contractions would be viewed in a positive light,” he said.
On the index board, the FBM Emas Index declined 7.88 points to 9,728.03, the FBMT 100 Index lost 14.44 points to 9,572.07, the FBM Emas Shariah Index added 41.65 points to 10,888.10, the FBM ACE climbed 123.78 points to 5,144.79 and the FBM 70 gained 36.41 points to 11,882.86.
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