Bursa Malaysia ends mixed, FBM KLCI down 2.13 points | Malay Mail

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Bursa Malaysia ends mixed, FBM KLCI down 2.13 points | Malay Mail
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KUALA LUMPUR, April 5 — Bursa Malaysia ended mixed today with the key index easing slightly on selling in selected heavyweights, mainly in banking stocks, while the broader market showed a positive tone. At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 2.13 points easier at 1,596.79...

KUALA LUMPUR, April 5 — Bursa Malaysia ended mixed today with the key index easing slightly on selling in selected heavyweights, mainly in banking stocks, while the broader market showed a positive tone.

However, on the broader market, gainers thumped losers 653 to 308, while 416 counters were unchanged, 860 untraded, and 10 others suspended. “The FBM KLCI pulled back to below the 1,600-level on profit-taking in banking, healthcare, consumer, and telecommunication stocks, while the lower liners were seen extending their lead,” he said.

Meanwhile, he also noted that investors are now looking to Wednesday’s release of minutes from the US Federal Reserve’s latest policy meeting for clues on the interest rate hike, which the US central bank was widely expected to raise its interest rate by half a percentage point next month.Hong Kong’s Hang Seng Index gained 2.10 per cent to 22,502.31, Japan’s Nikkei 225 edged up 0.19 per cent to 27,787.98, Singapore’s Straits Times Index rose 0.82 per cent to 3,445.

Sector-wise, the Industrial Products and Services Index improved by 2.39 points to 209.80 and the Plantation Index jumped 92.95 points to 8,173.27, while the Financial Services Index dropped 102.11 points to 16,719.96.

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