Foreign selling on Bursa up to RM709.9m as risk aversion intensifies
On a Friday-to-Friday basis, the FBM KLCI settled 20.86 points lower at 1,679.90 with the market mostly lower on a lack of positive direction. — Picture by Razak Ghazali
He said the Purchasing Managers' Index in Germany, Japan and China were below the 50 points demarcation mark, a signal that manufacturers’ sentiment had weakened. “This really explains why equities were underperforming, Investors were risk averse throughout the week,’’ Mohd Afzanizam told Bernama. Going forward, he said the outlook for company earnings remain challenging in view of the slower economic growth this year.
The fund’s profitability was affected by fewer divestments, reduced dividend income and higher impairments during Khazanah’s transition.
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 closes higher, tracking regional peers | Malay MailKUALA LUMPUR, March 6 — Bursa Malaysia closed higher today in line with its regional peers led by gains on the Shanghai Stock Exchange. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) ended at 1,686.82, up 1.2 points, from yesterday’s close of 1,685.62. The benchmark index opened 0.64...
Read more »
Bursa slumps at opening | Malay MailKUALA LUMPUR, March 4 — Bursa Malaysia opened lower despite the higher overnight performance on the Wall Street. At 9.01am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) slipped to 1,690.06, down by 10.70 points from 1,700.76 recorded on Friday close. The index opened 12.54 points weaker at...
Read more »
Bursa edges up at opening | Malay MailKUALA LUMPUR, March 7 — Bursa Malaysia opened slightly higher at opening today on mild buying support for the local counters. At 9.16 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 0.80 of-a-point better at 1,686.90 from Wednesday's close of 1,686.82. The index opened 4.49 points...
Read more »
Bursa Malaysia almost flat at close | Malay MailKUALA LUMPUR, March 7 — Bursa Malaysia was almost flat at today’s close, with some buying in selected heavyweights but offset by selling in small caps, a dealer said. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) ended at 1,686.95, up 0.13 point, from yesterday’s close of 1,686.82. The...
Read more »
Bursa lower at mid-morning | Malay MailKUALA LUMPUR, March 4 — The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was lower at mid-morning today, weighed on by selected heavyweights, amid weak corporate results. At 11.07am, the index stood at 1,692.68, down 8.08 points from Friday’s close of 1,700.76. It opened 12.54 points lower at...
Read more »
Bursa ends morning session lower | Malay MailKUALA LUMPUR, March 4 — Bursa Malaysia ended the morning session lower today, weighed down by selling activities in selected heavyweights, including the telecommunications, industrial, utilities and consumer products related counters. At lunch break, the FTSE Bursa Malaysia KLCI (FBM KLCI)...
Read more »
Bursa closes lower on concerns over US-China trade truce | Malay MailKUALA LUMPUR, March 5 — Shares on Bursa Malaysia remained lower at today’s close, weighed by weaker sentiment following concerns over the ongoing US-China trade war. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,685.62, down 8.37 points from 1,693.99 at...
Read more »
Bursa Malaysia ends lower, dragged by weaker heavyweights | Malay MailKUALA LUMPUR, March 4 — Bursa Malaysia ended lower, dragged by the weaker share prices of selected heavyweights led by Tenaga, Petronas Chemicals and Maxis. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,693.99, down 6.77 points or 0.40 per cent, from 1,700.76 at Friday’s...
Read more »
Bursa benchmark lower at mid-afternoon | Malay MailKUALA LUMPUR, March 8 — The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was lower at mid-afternoon on continued selling namely in utilities, industrial products, and consumer products. At 3.15pm, the benchmark index stood at 1,682.16. The index opened 0.82 points weaker at 1,686.13. On the...
Read more »