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Bursa Malaysia closes lower on selling in industrial products, plantation counters | Money

Friday, 30 Apr 2021 06:08 PM MYT A view of the bursa stock market exchange board in RHB Investment Bank in Kuala Lumpur May 14, 2018. Picture by Razak Ghazali Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, April 30 Persistence selling in selected industrial products and services as well as plantation counters has pushed Bursa Malaysia to end the week lower today, in line with weaker sentiment in most regional bourses, dealers said At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) declined 6.85 points to 1,601.65 compared to Wednesday’s close of 1,608.50. The market bellwether opened 6.71 points higher at 1,615.21 and moved between 1,600.05 and 1,615.60 during trading session.

Bursa closes lower on selling in industrial products, plantation counters

Bursa closes lower on selling in industrial products, plantation counters 30 Apr 2021 / 18:08 H. KUALA LUMPUR: Persistence selling in selected industrial products and services as well as plantation counters has pushed Bursa Malaysia to end the week lower today, in line with weaker sentiment in most regional bourses, dealers said At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) declined 6.85 points to 1,601.65 compared to Wednesday’s close of 1,608.50. The market bellwether opened 6.71 points higher at 1,615.21 and moved between 1,600.05 and 1,615.60 during the trading session. Overall market breadth remained negative as losers thumped gainers 582 versus 508, while 453 counters were unchanged, 648 untraded and 51 others suspended. Total volume rose to 6.75 billion shares worth RM4.61 billion from 6.59 billion shares worth RM3.85 billion on Wednesday.

KLCI pares gains as regional markets scale record highs

KUALA LUMPUR (Feb 15): The main index at Bursa Malaysia pared some of its gains at mid-morning today against the backdrop of record-high regional markets. At 10am, the FBM KLCI was up 11.82 points to 1,611.24. The index had earlier risen to a high of 1,614.92. Gainers led losers by 610 to 263, while 401 counters traded unchanged. Trading volume was 2.3 billion valued at RM1.07 billion. The gainers included Nestle (M) Bhd, Dutch Lady Milk Industries Bhd, Malaysian Pacific Industries Bhd, ViTrox Corp Bhd, UWC Bhd, PMB Technology Bhd, Central Global Bhd and KESM Industries Bhd. The actively traded stocks included Dagang NeXchange Bhd, Luster Industries Bhd, DGB Asia Bhd, QES Group Bhd, Sapura Energy Bhd, Velesto Energy Bhd and Iris Corp Bhd.

KLCI clings on to 1,600 threshold as regional markets stay firm

KUALA LUMPUR (Feb 15): The main index at Bursa Malaysia held on to the 1,600 threshold at the midday break Monday despite paring some of its gains, against the backdrop of firm regional markets. At 12.30pm, the FBM KLCI was up 9.89 points to 1,609.31. The index had earlier risen to a high of 1,614.92. Market breadth was positive with 538 gainers and 234 losers, while 727 counters traded unchanged. Trading volume was 5.56 billion shares valued at RM2.56 billion. The top gainers included Nestle (M) Bhd, Dutch Lady Milk Industries Bhd, Genetec Technology Bhd, ViTrox Corp Bhd, UWC Bhd, PMB Technology Bhd, Grand Hoover Bhd, Malaysian Pacific Industries and Central Global Bhd.

Sime Darby Plantation, Tompyak, Alliance Bank, AME Elite, UEM Sunrise, Eco World, Uzma, G Capital, FGV, Stella, Willowglen and K-One

KUALA LUMPUR (Dec 30): Based on corporate announcements and news flow today, companies in focus tomorrow (Dec 31) may include: Sime Darby Plantation Bhd, Tompyak Holdings Bhd, Alliance Bank Malaysia Bhd, AME Elite Consortium Bhd, UEM Sunrise Bhd, Eco World Development Bhd, Uzma Bhd, G Capital Bhd, FGV Holdings Bhd, Stella Holdings Bhd, Willowglen MSC Bhd and K-One Technology Bhd. The United States has banned imports of palm oil from Malaysian producer Sime Darby Plantation Bhd over allegations of forced labour in the production process, according to the US Customs and Border Protection. The agency said it has issued a withhold release order , which will allow it to detain shipments based on suspicion of forced labour involvement under long-standing US laws aimed at combating human trafficking, child labour and other human rights abuses.

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