KUALA LUMPUR, June 29 — Bursa Malaysia opened easier today, continuing last Friday's subdued Wall Street momentum, dealers said. At 9.07am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) eased 9.83 points to 1,478.31 from Friday’s close of 1,488.14. The index opened 2.95 points lower at...
Bursa Malaysia continues on its negative trend as global markets are pegged by a new wave of Covid-19 infections.— Picture by Firdaus Latif KUALA LUMPUR, June 29 — Bursa Malaysia opened easier today, continuing last Friday's subdued Wall Street momentum, dealers said.
At 9.07am, the benchmark FTSE Bursa Malaysia KLCI eased 9.83 points to 1,478.31 from Friday’s close of 1,488.14.Overall market breadth was negative with losers outpacing gainers 398 to 95, while 212 counters were unchanged, 1,247 untraded and 62 others suspended.The Dow Jones Industrial declined 730.05 points to 25,015.55, while the S&P 500 eased 74.71 to 3,009.05. In a research note today, Malacca Securities Sdn Bhd said US stockmarkets endured another rout as the Dow sank 2.8 per cent on backtracking of the reopening of the economy in Texas and Florida following a fresh record high of COVID-19 cases nationwide. Meanwhile, European stock markets finished mostly lower after sinking into negative territory in the final trading hour, but Asia equities finished mostly higher last Friday. Among heavyweights, Maybank trimmed three sen to RM7.59, TNB eased four sen to RM11.44, Public Bank fell 14 sen to RM16.42, Petronas Chemicals declined five sen to RM6.30, while IHH Healthcare was flat at RM5.36. Of the most active, AT Systematization went up 1.5 sen to 12.5 sen, AT Syatematization's warrant advanced half-a-sen to 16 sen, while Lambo and Vivocom Intl were flat at two sen and three sen, respectively. On the index board, the FBM Emas Index eased 66.8 points to 10,391.36, the FBMT 100 Index depreciated 65.64 points to 10,250.17 and the FBM 70 receded 71.2 points to 12,714.95. The FBM Emas Shariah Index was 60.89 points lower at 11,776.42, while the FBM ACE decreased 43.07 points to 6,029.33. Sector-wise, the Industrial Products and Services Index eased 1.37 points to 132.93, the Financial Services Index decreased 89.93 points to 12,732.82, and the Plantation Index reduced 34.01 points to 6,625.58. — Bernama
Please follow us on Google to support us 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.
Bursa Malaysia likely to see further cautious sentiment next week | Malay MailKUALA LUMPUR, June 27 ― Bursa Malaysia is likely to continue to trade in a cautious mode next week on the back of weak external development, including the resurgence of Covid-19 in the United States, as well as bearish economic outlook on the local and global fronts. Bank Islam Malaysia Bhd chief...
Read more »
Bursa Malaysia likely to see further cautious sentiment this weekKUALA LUMPUR, June 27 (Bernama): Bursa Malaysia is likely to continue to trade in a cautious mode next week on the back of weak external development, including the resurgence of Covid-19 in the United States, as well as bearish economic outlook on the local and global fronts.
Read more »
Singapore, Malaysia agree to allow certain residents to return for short-term home leave | Malay MailSINGAPORE, June 27 — Singapore and Malaysia have agreed to establish a Periodic Commuting Arrangement (PCA) to allow residents from both nations who hold long-term immigration passes for business and work purposes in the other country to periodically return to their home countries for...
Read more »
Keys holds off Aussie Open champ Kenin in Charleston | Malay MailWASHINGTON, June 28 — Madison Keys made it through another tense finish on Saturday, letting one match point slip before finishing off Australian Open champion Sofia Kenin 6-3, 5-7 10-2 in the women’s tennis event in Charleston, South Carolina. Keys, who would have been defending her 2019...
Read more »