KUALA LUMPUR, March 7 — Heavy selling across-the-board dragged Bursa Malaysia down by 1.95 per cent in tandem with the decline in regional bourses as the Russian-Ukraine tensions continued to hurt investor sentiment, a dealer said. The FBM KLCI fell 37.53 points to its intraday low of 1,565.57 at...
KUALA LUMPUR, March 7 — Heavy selling across-the-board dragged Bursa Malaysia down by 1.95 per cent in tandem with the decline in regional bourses as the Russian-Ukraine tensions continued to hurt investor sentiment, a dealer said.
Total turnover rose to 4.35 billion units worth RM3.75 billion against 3.44 billion units valued at RM3.29 billion last Friday. Meanwhile, he said Brent crude oil breached US$130 per barrel at one point today before hovering around the level in the last few days.“As for the local bourse, the FBM KLCI is testing its immediate support level of 1,570, however, if this level is broken, the next support level will be seen at 1,550, followed by 1,520,” he said.
Heavyweights Maybank fell 21 sen to RM8.79, CIMB lost 20 sen to RM4.87, Public Bank eased 11 sen to RM4.31, IHH Healthcare dipped 15 sen to RM6.45, and MR D.I.Y declined 13 sen to RM3.46. Sector-wise, the Financial Services Index gave up 451.51 points to 15,941.72, the Industrial Products and Services Index weakened 3.65 points at 209.57, and the Plantation Index reduced 185.52 points to 8,361.98.
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