Daily Archives: February 28, 2018

28Feb

Malaysia Stock Market Today

The FBM KLCI index gained 11.38 points or 0.61% on Tuesday. The Finance Index increased 1.11% to 18299.16 points, the Properties Index dropped 0.21% to 1186.5 points and the Plantation Index rose 0.02% to 8076.13 points. The market traded within a range of 6.56 points between an intra-day high of 1872.35 and a low of 1865.79 during the session. Actively traded stocks include KBUNAI-WC, NETX, DGB-WA, KBUNAI, DGB, PUC, BORNOIL, VIVOCOM, HUAAN and DBE.

Trading volume increased to 2760.67 mil shares worth RM2894.20 mil as compared to Monday’s 2716.11 mil shares worth RM2743.72 mil. Leading Movers were HLFG (+74 sen to RM19.20), HLBANK (+56 sen to RM19.08), HAPSENG (+27 sen to RM9.57), PPB (+46 sen to RM18.18) and GENM (+11 sen to RM5.27). Lagging Movers were AXIATA (-13 sen to RM5.46), YTL (-2 sen to RM1.47), ASTRO (-1 sen to RM2.50), DIGI (-1 sen to RM4.88) and MISC (-0 sen to RM6.79).

 

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Market breadth was negative with 443 gainers as compared to 563 losers. The KLCI closed higher at 18.71 points amid overnight gains in US market. The performance of our local index was mainly lifted by buying interest interest in heavy weight counters such as Hong Leong Financial Group, Hong Leong Bank and Hap Seng Consolidated.

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