KUALA LUMPUR, May 30 — Bursa Malaysia snapped a three-day winning streak to end lower today on profit-taking in selected plantation counters despite the positive sentiment in...
KUALA LUMPUR, May 30 — Bursa Malaysia snapped a three-day winning streak to end lower today on profit-taking in selected plantation counters despite the positive sentiment in regional bourses, a dealer said.
Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said the FBM KLCI ended lower after a lacklustre trading session despite the positive performance across the region. “We reckon that investor sentiment will remain jittery although bargain hunting may prevail, hence, we expect the FBM KLCI to move sideways, hovering at the 1,535-1,555 range for the week,” he told Bernama.
Of the actives, G3 Global decreased 1.5 sen to 5.5 sen, Dagang NeXchange slipped 2.0 sen to 99 sen, both Green Packet and MNC Wireless flat at 8.0 sen and 1.5 sen, respectively, while Sapura Energy added half-a-sen to 8.5 sen. The Main Market volume increased to 2.31 billion shares worth RM1.64 billion from 1.79 billion shares worth RM1.71 billion last Friday.
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