KUALA LUMPUR: AMMB Holdings Bhd and QL Resources Bhd will be included as a constituent of the benchmark FBM KLCI index, replacing Hartalega Holdings Bhd and Top Glove Corp Bhd.
Wednesday, 02 Jun 2021 10:00 AM MYT
Market breadth was positive with gainers leading losers 236 to 119, while 213 counters were unchanged, 1,566 untraded and 11 others suspended. Picture by Firdaus Latif
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KUALA LUMPUR, June 2 Shares on Bursa Malaysia were higher at opening on Wednesday with finance and healthcare stocks becoming the contributor, thanks to the recent stimulus package by the government that helped boost investors’ sentiment.
At 9.03am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) added 2.53 points, or 0.16 per cent, to 1,588.43 from 1,585.90 at Tuesday’s close.
The index opened 0.43 points lower at 1,585.47.
Bhd posted a 38% growth in net profit in the first quarter and said that strong order visibility in 2021 would contribute to thr group s earnings in the coming quarters. The Group is seeing healthy order flow from existing customers, and coupled with confirmed orders from new customers, it said in a filing with Bursa Malaysia today. The demand from hard disc drive (HDD) business remains robust with cloud demand leading the charge to fuel the Group’s growth. We are also positive on the Group’s non-HDD segment as the semiconductor and tech hardware capital spending remains strong from domestic equipment exporters, it added.
KUALA LUMPUR (March 8): Technology-related stocks on Bursa Malaysia continued to fall on profit taking today, as the selldown on US technology stocks weighed on sentiment and investors shifted interest to other recovery plays.
Bursa Malaysia’s technology index fell 6.09% to 79.81, with Malaysian Pacific Industries Bhd, ViTrox Corp Bhd and UWC Bhd topping the list of losers.
MPI was the top loser, plunging RM4.52 or 11.47% to RM34.88, followed by ViTrox’s RM1.22 or 7.71% drop to RM14.60, and UWC sinking 68 sen or 11.7% to RM5.13.
Meanwhile, KESM Industries Bhd slid 62 sen or 4.59% to RM12.88, Unisem (M) Bhd lost 59 sen or 7.29% to RM7.50, Penta Master Corp Bhd tumbled 47 sen or 8.22% to RM5.25, and D&O Green Technologies Bhd slipped 41 sen or 10.57% to RM3.47.