Bursa Malaysia joins Asian markets in the red as investors hit pause on rally

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Bursa Malaysia joins Asian markets in the red as investors hit pause on rally
Bursa MalaysiaFBM KLCIEquities
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BEIJING: China's President Xi Jinping on Tuesday (Aug 20) hailed the Chinese Olympic delegation for maintaining high standards of 'morality, style and cleanliness' in their pursuit of gold metals at the Paris Olympics.

KUALA LUMPUR: The FBM KLCI dipped in the early session as investors cashed in on gains ahead of the Jackson Hole symposium, which will provide more clues as to what US policymakers will decide at their September meeting.

Meanwhile the broader market kept a nearly even spread of 472 decliners and 437 gainers. The share turnover was 1.98 billion changing hands for RM1.46bil. PETRONAS Dagangan was one of the day's most improved stocks, rising RM1.10 to RM19.72, after announcing its quarterly results yesterday. Meanwhile, top gainers on the market included LPI gaining 30 sen to RM13.18, Lysaght rising 26 sen to RM2.86 and F&B adding 26 sen to RM29.52.

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