KUALA LUMPUR (May 21): Bursa Malaysia extended its weakness in early trade today on concerns over a potentially stricter lockdown to contain the spread of Covid-19 infections.
At 9.11am, the benchmark FBM KLCI had eased 4.48 points to 1,570.84 from yesterday’s close at 1,575.32.
The index opened 5.89 points easier at 1,569.43.
On the broader market, losers outpaced gainers 363 to 187, while 281 counters were unchanged, 1,381 untraded and 18 others suspended.
Total volume stood at 574.6 million worth RM275.39 million.
Malacca Securities Sdn Bhd said mild bargain hunting might emerge, but noted that the overall market sentiment remains cautious as investors await the National Security Council’s decision on the potentially full implementation of the movement control order (MCO) in a meeting today.
KUALA LUMPUR (April 20): Bursa Malaysia s barometer index clawed back some losses at midday, led by heavyweights such as Malayan Banking Bhd (Maybank), CIMB Group Holdings Bhd and Hong Leong Financial Group Bhd (HLFG), but in the broader market, losers were ahead of gainers.
At 12.30pm, the FBM KLCI settled 3.82 points higher at 1,604.11 from yesterday s close at 1,600.29.
The benchmark index opened 0.14 of a point higher at 1,600.43 today, and moved between 1,591.83 and 1,605.10 in the morning session.
The overall market breadth remained negative, with losers outpacing gainers 531 to 418, while 431 counters were unchanged, 786 untraded and seven others suspended.
Total volume stood at 4.45 billion shares worth RM2.16 billion.