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KLCI ends 0 28% lower on lack of catalysts

KUALA LUMPUR (Dec 21): The FBM KLCI today marked its third straight day of decline, on the absence of fresh catalysts on the local bourse. It gave up 0.28% or 4.6 points to settle at 1,647.89 on market close. Across Bursa Malaysia, 8.09 billion securities were traded for RM3.66 billion, compared to 8.06 billion securities worth RM4.4 billion last Friday. Market breadth was negative, with 848 counters ending the day in the red, versus 392 gainers and 437 that were unchanged. Of the KLCI constituents, losers were led by Nestle (M) Bhd, which fell RM3.5 or 2.5% to close at RM137.4. This was followed by Axiata Group Bhd (down 13 sen or 3.4% to RM3.74), and Hong Leong Financial Group Bhd (down 42 sen or 2.3% to RM18.14).

KLCI slips 1 31% as investing sentiment sours amid CMCO extension

KUALA LUMPUR (Dec 18): The FBM KLCI slipped 1.31% or 21.86 points today, tracking declines in regional peers, while news of the conditional movement control order being extended weighed on domestic investing sentiment. The benchmark index settled at 1,652.49, with 852 counters in the negative versus 370 that climbed, while 474 were unchanged. Senior Minister Datuk Seri Ismail Sabri Yaakob announced today that the CMCO will be extended in Selangor, Kuala Lumpur and Sabah till Dec 31, as Covid-19 infections in these places remain elevated. This is the fourth extension of the CMCO that was first imposed on Oct 14 and originally scheduled to end on Oct 27. The CMCO was also extended till Dec 31 in Seremban and Port Dickson in Negeri Sembilan, and in Johor Bharu, Batu Pahat and Kulai in Johor.

Bursa Malaysia ends in the red on profit-taking (Updated)

17 Dec 2020 / 19:01 H. KUALA LUMPUR: Bursa Malaysia snapped its strong showing over the past two days to end in the red today, weighed by profit-taking in heavyweights in the financial services sector. The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) finished 7.06 points lower at 1,674.35 compared with Wednesday’s close of 1,681.41. It opened 2.86 points better at 1,684.27 and moved between 1,669.69 and 1,684.30 throughout the day. On the broader market, losers thumped gainers 790 to 445, while 454 counters were unchanged, 454 untraded and 45 others suspended. Total volume decreased to 9.24 billion shares worth RM4.33 billion from 11.22 billion shares valued at RM5.21 billion on Wednesday. Meanwhile, Asian peers were mixed amidst the decline in the overnight United States (US) stocks performance although the Dow (mini) is positive at press time, as Wall Street investors reacted positively to news that US lawmakers were nearing a coronavirus relief deal as well as the US Fed

KLCI ends morning session in the red

KLCI ends morning session in the red
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KLCI opens higher but retreats thereafter

KLCI opens higher but retreats thereafter
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