Bursa Malaysia ends mixed due to downtrend in global equity markets

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Bursa Malaysia ends mixed due to downtrend in global equity markets
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KUALA LUMPUR, Oct 26 — Bursa Malaysia ended mixed today as the United States (US) 10-year yield rebounded to 4.95 per cent, causing a sell-off in global equity markets despite...

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At 5pm, the FTSE Bursa Malaysia KLCI eased 1.91 points to 1,440.60 from yesterday’s closing of 1,442.51.However, on the broader market, gainers beat decliners 436 to 402, while 448 counters were unchanged, 1,088 untraded and 17 suspended. He noted that investors would be monitoring the US consumer sentiment data to provide further guidance toward the impact of higher interest rates on consumer spending power.

Bursa heavyweights Maybank stood at RM9.00, Public Bank and Tenaga Nasional rose one sen to RM4.17 and RM9.89 respectively, CIMB lost one sen to RM5.68 and Petronas Chemicals shed three sen to RM7.22. The Main Market volume was stronger at 2.15 billion units worth RM1.72 billion compared with 1.55 billion units worth RM1.46 billion yesterday.

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