KUALA LUMPUR, March 9 — Bursa Malaysia closed on a softer note despite Bank Negara Malaysia’s decision to retain the overnight policy rate (OPR) as investors remained wary of...
KUALA LUMPUR, March 9 — Bursa Malaysia closed on a softer note despite Bank Negara Malaysia’s decision to retain the overnight policy rate as investors remained wary of interest rate hike in the United States and risk of recession on a global scale.
Market breadth was negative with losers leading gainers 451 to 402, while 406 counters were unchanged, 984 untraded and 11 others suspended.Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said the FBM KLCI continued to trend lower after a lacklustre trading session with key regional markets mostly in negative territory.
"On the other hand, investors should stay alert on the increasing market volatility and external uncertainties. The Financial Services Index, meanwhile, rose 8.44 points to 16,114.00. Among banking stocks, Maybank rose four sen to RM8.71, Public Bank increased two sen to RM4.13, CIMB decreased seven sen to RM5.50, and Hong Leong Bank eased four sen to RM20.52.
The Main Market volume shrank to 1.74 billion shares worth RM1.64 billion from Wednesday's 2.81 billion shares worth RM1.97 billion.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bank Negara Malaysia maintains OPR at 2.75% again - paultan.orgFor the second time this year, Bank Negara Malaysia (BNM) has decided to maintain the overnight policy rate at 2.75%, the same as it was back in January. This was announced following a meeting of …
Read more »
Bursa Malaysia ends higher on bargain huntingKUALA LUMPUR: Bursa Malaysia rebounded today to end higher after the key index recorded two straight days of meagre losses as bargain-hunting activities emerged, amid the upbeat performance in most regional peers.
Read more »
Bursa Malaysia opens lower on negative Wall Street cuesKUALA LUMPUR, March 8 ― Bursa Malaysia opened lower today, taking its cue from the negative Wall Street performance. At 9.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM...
Read more »
Kerajaan komited sokong syarikat pemula tempatan disenarai di Bursa MalaysiaKerajaan mahu pastikan syarikat pemula yang berjaya mendapat akses kepada pembiayaan peringkat seterusnya di Malaysia
Read more »
Bursa Malaysia, LSEG to roll out centralised sustainability reporting platform next month: PMPrime Minister Datuk Seri Anwar Ibrahim said the platform will enable public-listed companies as well as non-listed SMEs to calculate their carbon emissions impact.
Read more »
Bursa Malaysia Derivatives FCPO trading hits historical high in 2022A total of 16.2 million crude palm oil futures (FCPO) contracts were traded on the derivatives exchange in 2022.
Read more »